Sienna Senior Living Inc. (OTCMKTS:LWSCF) Sees Large Growth in Short Interest

Sienna Senior Living Inc. (OTCMKTS:LWSCF) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 92,344 shares, a growth of 56.9% from the January 29th total of 58,872 shares. Based on an average daily trading volume, of 625 shares, the short-interest ratio is presently 147.8 days. Based on an average daily trading volume, of 625 shares, the short-interest ratio is presently 147.8 days.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Scotiabank restated an “outperform” rating on shares of Sienna Senior Living in a research report on Monday, February 23rd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Sienna Senior Living in a research report on Monday, November 24th. BMO Capital Markets reissued an “outperform” rating on shares of Sienna Senior Living in a report on Monday, February 23rd. Finally, TD Securities restated a “buy” rating on shares of Sienna Senior Living in a research report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Sienna Senior Living Stock Performance

OTCMKTS:LWSCF opened at $17.37 on Friday. Sienna Senior Living has a 12-month low of $10.91 and a 12-month high of $17.54. The stock’s fifty day simple moving average is $15.94 and its 200-day simple moving average is $14.48.

About Sienna Senior Living

Sienna Senior Living Inc (OTCMKTS:LWSCF) is a Canadian seniors’ housing and care provider headquartered in Markham, Ontario. The company develops, owns and operates a diversified portfolio of retirement residences and long-term care homes, offering a range of accommodation and care levels tailored to seniors’ needs. Services at its communities include independent and assisted living, memory care for residents with Alzheimer’s disease or related conditions, and specialized nursing and rehabilitation programs.

In addition to its brick-and-mortar communities, Sienna Senior Living extends care into the home through its Carefor Health & Community Services division.