Trading was heavy with 47K shares changing hands in the last trading session. Shares saw a steep increase in trading volume of 105.54% over the normal average daily volume.
Traders are feeling more bullish on Davidstea Inc Cm Stk lately if you take a look at the change in short interest. The stock saw a fall in short interest of -5.10% as of the latest report on October 13, 2017. Short interest fell 5,630 over that period. The days to cover increased to 6.0 and the percentage of shorted shares is inf% as of October 13.
The following firms have recently changed their position in DTEA. As of quarter end Fiera Capital Corp had disposed of 58,500 shares trimming its holdings by 79.6%. The value of the total investment in Davidstea Inc Cm Stk decreased from $540,000 to $88,000 a change of 83.7% quarter to quarter. Ubs Group Ag added to its ownership by buying 1,118 shares an increase of 199.3% as of 06/30/2017. Ubs Group Ag now controls 1,679 shares with a value of $10,000. The total value of its holdings increased 150.0%.
As of the end of the quarter Cutler Group LP had sold a total of 261 shares trimming its stake by 11.3%. The value in dollars went from $13,000 to $8,000 a change of $5,000 quarter over quarter. Barclays Plc trimmed its investment by shedding 7,198 shares a decrease of 97.0%. Barclays Plc owns 221 shares valued at $1,000. The value of the position overall is down by 97.7%.
The company is now up by 0.56% since yesterday’s close of 15.06.
DavidsTea Inc., launched on May 21, 2008, is a beverage company, which offers various selection of loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts and accessories. The Company operates through two segments: Canada and the United States. The Company is involved in the retail of tea and related tea-products. The Company sells its products through its retail and online channels. The Company owns and operates approximately 180 DAVIDsTEA stores across the United States and Canada. The Company offers various teas types, such as white, green, oolong, black, pu’erh, mate, rooibos, herbal and tea matchmaker..Advertisement