Dunelm Group (OTCMKTS:DNLMY) Short Interest Update

Dunelm Group (OTCMKTS:DNLMY) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 542 shares, a decline of 60.4% from the April 15th total of 1,367 shares. Based on an average daily volume of 635 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Several equities analysts have commented on DNLMY shares. Zacks Research downgraded shares of Dunelm Group from a “strong-buy” rating to a “hold” rating in a report on Friday, March 13th. Jefferies Financial Group raised Dunelm Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Dunelm Group currently has a consensus rating of “Buy”.

Dunelm Group Trading Down 8.5%

OTCMKTS:DNLMY traded down $0.87 during trading hours on Thursday, reaching $9.40. 250 shares of the company were exchanged, compared to its average volume of 724. Dunelm Group has a 1-year low of $9.40 and a 1-year high of $17.25. The business has a 50 day moving average of $11.33 and a 200 day moving average of $13.21.

About Dunelm Group

Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain’s leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.

The company’s product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.