Dunelm Group plc (OTCMKTS:DNLMY) Short Interest Up 100.0% in November

Dunelm Group plc (OTCMKTS:DNLMY) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 400 shares, an increase 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 Price Performance

Shares of OTCMKTS:DNLMY remained flat at $14.05 during trading on Friday. The company’s 50-day moving average is $15.35 and its 200 day moving average is $14.53. Dunelm Group has a fifty-two week low of $13.48 and a fifty-two week high of $16.10.

Dunelm Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, November 1st will be given a dividend of $0.3148 per share. This is an increase from Dunelm Group’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, November 1st.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on DNLMY shares. Berenberg Bank upgraded Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th. UBS Group upgraded Dunelm Group to a “strong-buy” rating in a research note on Friday, October 11th. Finally, Canaccord Genuity Group upgraded 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.