Roots Co. (OTCMKTS:RROTF) Sees Significant Increase in Short Interest

Roots Co. (OTCMKTS:RROTF) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 5,800 shares, an increase of 728.6% from the November 15th total of 700 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 1.8 days.

Roots Price Performance

Shares of RROTF remained flat at $1.44 during trading hours on Wednesday. Roots has a twelve month low of $1.17 and a twelve month high of $2.02. The firm has a 50-day moving average price of $1.49 and a 200 day moving average price of $1.61.

Roots Company Profile

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.