Sienna Senior Living Inc. (OTCMKTS:LWSCF) Sees Significant Increase in Short Interest

Sienna Senior Living Inc. (OTCMKTS:LWSCF) saw a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 150,063 shares, an increase of 40.8% from the February 26th total of 106,612 shares. Based on an average daily volume of 602 shares, the short-interest ratio is presently 249.3 days.

Sienna Senior Living Stock Performance

Shares of Sienna Senior Living stock opened at $15.54 on Friday. The company has a fifty day simple moving average of $16.45 and a 200-day simple moving average of $14.98. Sienna Senior Living has a 12-month low of $11.27 and a 12-month high of $17.54.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on LWSCF shares. TD Securities reaffirmed a “buy” rating on shares of Sienna Senior Living in a research report on Monday, February 23rd. Scotiabank restated an “outperform” rating on shares of Sienna Senior Living in a research note on Monday, February 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Sienna Senior Living in a report on Monday, February 23rd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Sienna Senior Living has a consensus rating of “Moderate Buy”.

About Sienna Senior Living

Sienna Senior Living Inc (OTCMKTS:LWSCF) is a Canadian seniors’ housing and care provider headquartered in Markham, Ontario. The company develops, owns and operates a diversified portfolio of retirement residences and long-term care homes, offering a range of accommodation and care levels tailored to seniors’ needs. Services at its communities include independent and assisted living, memory care for residents with Alzheimer’s disease or related conditions, and specialized nursing and rehabilitation programs.

In addition to its brick-and-mortar communities, Sienna Senior Living extends care into the home through its Carefor Health & Community Services division.