Dino Polska S.A. (OTCMKTS:DNOPY) Sees Large Decline in Short Interest

Dino Polska S.A. (OTCMKTS:DNOPY) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 18,142 shares, a decline of 62.7% from the May 31st total of 48,688 shares. Based on an average trading volume of 138,481 shares, the days-to-cover ratio is presently 0.1 days.

Dino Polska Trading Down 0.1%

OTCMKTS:DNOPY opened at $7.70 on Friday. Dino Polska has a 1 year low of $7.25 and a 1 year high of $15.62. The firm’s fifty day simple moving average is $8.50 and its 200 day simple moving average is $10.07.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Oddo Bhf upgraded shares of Dino Polska to an “outperform” rating in a report on Friday, April 10th. Sanford C. Bernstein started coverage on Dino Polska in a research note on Friday, May 15th. They set an “underperform” rating for the company. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Dino Polska Company Profile

Dino Polska SA is a leading Polish grocery retail chain specializing in the operation of neighborhood supermarkets. Founded by entrepreneur Tomasz Biernacki, the company has built a reputation for offering convenience shopping experiences in small and mid-sized towns across Poland. Its growth model focuses on local accessibility, with each store designed to serve the daily needs of nearby communities.

The company’s core business activities revolve around the sale of food and everyday household products.