High Liner Foods Incorporated (OTCMKTS:HLNFF) Brief Interest Update

High Liner Foods Incorporated (OTCMKTS: HLNFF – Get Rating) benefited from a significant drop in short-term interest during the month of April. As of April 15, there was short interest totaling 26,000 shares, down 42.1% from the March 31 total of 44,900 shares. Based on an average trading volume of 600 shares, the short interest ratio is currently 43.3 days.

Shares of High Liner Foods were flat at $9.15 in Friday’s midday session. The stock has a 50-day simple moving average of $10.14 and a 200-day simple moving average of $10.75. High Liner Foods has a 52-week low of $9.15 and a 52-week high of $12.07.

Several analysts have weighed in on the company recently. Scotiabank cut its price target on High Liner Foods from C$15.50 to C$14.00 in a Thursday, February 24 report. Royal Bank of Canada reduced its price target on High Liner Foods from CA$16.00 to CA$15.00 in a Thursday, February 24 report. Finally, BMO Capital Markets cut its price target on High Liner Foods from CA$18.00 to CA$16.00 in a Thursday, March 3 report.

About High Liner Foods (Get a rating)

High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in North America. The company offers a range of frozen seafood, including raw fillets and shellfish, cooked shellfish; and value-added products, which include gravy, glazed, breaded and breaded seafood, seafood entrees and breaded cheese sticks, including High Liner, Fisher Boy, Sea Cuisine, Catch of the Day , C. Wirthy & Co, High Liner Foodservice, Mirabel , Icelandic Seafood and FPI.

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