Pet Valu Holdings Ltd. (OTCMKTS:PTVLF – Get Free Report) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 323,107 shares, a drop of 37.4% from the June 15th total of 516,065 shares. Based on an average daily trading volume, of 47,343 shares, the short-interest ratio is presently 6.8 days.
Pet Valu Stock Performance
Pet Valu stock opened at $13.69 on Friday. The firm’s 50-day simple moving average is $13.15 and its 200 day simple moving average is $16.70. Pet Valu has a fifty-two week low of $12.23 and a fifty-two week high of $28.11.
About Pet Valu
Pet Valu Inc is a specialty retailer of pet food, supplies and accessories headquartered in Markham, Ontario. The company operates a network of company-owned and franchised stores across Canada and the United States, offering an assortment of branded and private-label products for dogs, cats and small animals. In addition to hard goods such as bedding, toys and grooming supplies, Pet Valu locations often feature on-site grooming salons and self-serve pet wash stations to meet a range of customer needs.
Founded in 1976, Pet Valu established its business model on a franchise partnership structure, enabling local entrepreneurs to operate retail outlets under the Pet Valu banner.
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