Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) Short Interest Down 26.9% in May

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 833,500 shares, a drop of 26.9% from the May 15th total of 1,140,600 shares. Based on an average trading volume of 9,000 shares, the days-to-cover ratio is presently 92.6 days.

Doman Building Materials Group Stock Performance

CWXZF stock opened at $6.26 on Friday. Doman Building Materials Group has a 1 year low of $4.50 and a 1 year high of $7.16. The stock’s fifty day moving average price is $5.68 and its 200-day moving average price is $5.54.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CWXZF shares. National Bankshares reaffirmed an “outperform” rating on shares of Doman Building Materials Group in a report on Monday, May 12th. TD Securities assumed coverage on shares of Doman Building Materials Group in a report on Tuesday, March 25th. They issued a “buy” rating on the stock. Finally, CIBC restated a “neutral” rating on shares of Doman Building Materials Group in a report on Tuesday, May 13th.

Doman Building Materials Group Company Profile

Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products.