Aritzia Inc. (OTCMKTS:ATZAF – Get Free Report) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 1,586,700 shares, a drop of 9.7% from the March 15th total of 1,756,500 shares. Based on an average daily trading volume, of 25,400 shares, the days-to-cover ratio is currently 62.5 days.
Aritzia Stock Performance
OTCMKTS:ATZAF opened at $24.67 on Wednesday. The stock’s 50-day moving average is $26.78 and its 200-day moving average is $22.21. Aritzia has a 1-year low of $15.00 and a 1-year high of $32.77.
Analysts Set New Price Targets
Separately, Raymond James lifted their target price on Aritzia from $35.00 to $46.00 and gave the stock an “outperform” rating in a report on Tuesday, March 19th.
Aritzia Company Profile
Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.
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