Short Interest in goeasy Ltd. (OTCMKTS:EHMEF) Grows By 36.4%

goeasy Ltd. (OTCMKTS:EHMEF) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 940,306 shares, a growth of 36.4% from the November 30th total of 689,417 shares. Based on an average daily volume of 9,455 shares, the short-interest ratio is currently 99.5 days. Based on an average daily volume of 9,455 shares, the short-interest ratio is currently 99.5 days.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Raymond James Financial cut goeasy from an “outperform” rating to a “market perform” rating in a report on Tuesday, December 2nd. Royal Bank Of Canada started coverage on shares of goeasy in a research note on Wednesday, October 1st. They issued a “sector perform” rating for the company. Finally, Scotiabank raised shares of goeasy from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 16th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, goeasy has a consensus rating of “Moderate Buy”.

goeasy Trading Up 3.1%

Shares of EHMEF stock opened at $95.84 on Tuesday. goeasy has a 12 month low of $84.80 and a 12 month high of $156.15. The stock has a 50-day moving average price of $97.94 and a 200 day moving average price of $120.52.

goeasy Company Profile

goeasy Ltd. is a Canadian alternative financial services provider that specializes in serving non-prime and near-prime consumers. Through its two primary operating divisions—easyhome and easyfinancial—the company offers lease-to-own solutions for household furnishings and electronic goods, as well as unsecured, fixed-term installment loans and lines of credit. These services are designed to provide accessible credit options to individuals who may not qualify for traditional banking products.

The easyhome division operates a network of retail locations across Canada, where customers can lease furniture, appliances and electronics with the option to own products outright at the end of the term.