Short Interest in Dunelm Group plc (OTCMKTS:DNLMY) Increases By 100.0%

Dunelm Group plc (OTCMKTS:DNLMY) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 400 shares, a growth of 100.0% from the October 31st total of 200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 0.7 days.

Dunelm Group Stock Performance

Dunelm Group stock remained flat at $14.05 during mid-day trading on Friday. Dunelm Group has a one year low of $13.48 and a one year high of $16.10. The business’s fifty day simple moving average is $15.35 and its two-hundred day simple moving average is $14.53.

Dunelm Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Friday, November 1st will be given a $0.3148 dividend. This is a positive change from Dunelm Group’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, November 1st.

Analysts Set New Price Targets

DNLMY has been the topic of several analyst reports. UBS Group upgraded shares of Dunelm Group to a “strong-buy” rating in a research note on Friday, October 11th. Canaccord Genuity Group upgraded shares of Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th. Finally, Berenberg Bank upgraded shares of Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid’s bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.