Park Lawn Co. (OTCMKTS:PRRWF) Sees Large Drop in Short Interest
the March 15th total of 153,700 shares. Based on an average daily volume of 245,200 shares, the short-interest ratio is presently 0.5 days. The number of shares shorted has decreased 27.5% since March 15th.
( ) was a major target for a significant decrease in short-term interest in March. On March 31, there were 111,700 short shares. This is a 27.5% decrease from the total of 154100 shares on March 15. The days-to-cover is currently 124.1 days based on an average trading of 900 share.
Park Lawn Price Performance
During Friday's trading hours, remained at $20.33. 95 shares were traded compared to the average of 1,058. Park Lawn's 1 year low is $15.28, and its 1 year high is $28.00. Recent reports from several research analysts on PRRWF have been released. In a Monday, 6th March research report, Scotiabank raised their price target on Park Lawn to C$33.50 from C$32.00. Stifel Nicolaus began covering Park Lawn on Monday, 20th March in a research note. The company was given a rating of 'buy'. In a research note published on February 28th, Royal Bank of Canada reduced their Park Lawn target price from C$44.00 down to C$41.00.
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Park Lawn Corp. offers goods and services related to the disposition of human remains and their memorialization. The company's products and service are offered on a planned basis or when a person dies. The company was established in 1892, and its headquarters are located in Toronto, Canada.
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