Dunelm Group plc (OTCMKTS:DNLMY) Short Interest Down 75.0% in November

Dunelm Group plc (OTCMKTS:DNLMY) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 100 shares, a drop of 75.0% from the November 15th total of 400 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 0.5 days.

Dunelm Group Stock Performance

Shares of OTCMKTS DNLMY remained flat at $14.66 during midday trading on Thursday. The firm has a 50-day simple moving average of $15.07 and a 200-day simple moving average of $14.55. Dunelm Group has a 52 week low of $13.48 and a 52 week high of $16.10.

Dunelm Group Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, December 11th. Investors of record on Friday, November 1st were given a dividend of $0.3148 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Dunelm Group’s previous dividend of $0.18.

Wall Street Analyst Weigh In

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

About Dunelm Group

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.