Dorel Industries Inc. (OTCMKTS:DIIBF – Get Rating) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 282,500 shares, a decrease of 11.9% from the August 15th total of 320,600 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is currently 28.8 days.
Dorel Industries Trading Down 2.1 %
Shares of OTCMKTS DIIBF opened at $4.82 on Friday. The firm's 50 day moving average price is $5.09 and its 200-day moving average price is $5.95. The company has a market cap of $156.85 million, a PE ratio of 0.96 and a beta of 2.63. Dorel Industries has a 52-week low of $4.20 and a 52-week high of $23.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.92 and a current ratio of 1.91.
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Dorel Industries Inc designs, manufactures, sources, markets, and distributes home products and juvenile products worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings products, folding chair and tables, outdoor and juvenile furniture, futons, bunk beds, mattresses, bedroom, dining, home entertainment, and office furniture, upholstery, step stools and ladders, and hand trucks.Featured Articles
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