Short Interest in Dominos Pizza UK (OTCMKTS:DPUKY) Expands By 742.8%

Dominos Pizza UK (OTCMKTS:DPUKY) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 14,833 shares, a growth of 742.8% from the November 30th total of 1,760 shares. Based on an average trading volume of 21,927 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 21,927 shares, the days-to-cover ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt raised shares of Dominos Pizza UK to a “strong-buy” rating in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Dominos Pizza UK has a consensus rating of “Moderate Buy”.

Dominos Pizza UK Price Performance

Shares of DPUKY stock opened at $4.72 on Friday. The firm has a 50-day moving average price of $4.83 and a 200 day moving average price of $5.64. Dominos Pizza UK has a twelve month low of $4.43 and a twelve month high of $8.07.

Dominos Pizza UK declared that its Board of Directors has authorized a stock buyback plan on Monday, September 1st that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

About Dominos Pizza UK

Dominos Pizza UK (OTCMKTS:DPUKY) is the American depositary receipt (ADR) of Domino’s Pizza Group plc, the master franchisee responsible for the development and operation of Domino’s branded pizza delivery and carry-out restaurants across the United Kingdom and Ireland. Since opening its first store in Lutterworth, Leicestershire in 1993, the business has grown from a single outlet to one of the largest pizza delivery networks in Europe, leveraging the global Domino’s brand under licence from Domino’s Pizza, Inc

The company’s primary activities encompass the franchising, corporate operation and supply of pizza restaurants, supported by regional supply chain facilities that provide dough, sauces and other ingredients to every store.