Short Interest in Aritzia Inc. (OTCMKTS:ATZAF) Rises By 305.1%

Aritzia Inc. (OTCMKTS:ATZAF) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 2,745,411 shares, a growth of 305.1% from the June 30th total of 677,632 shares. Based on an average daily volume of 120,459 shares, the short-interest ratio is presently 22.8 days.

Aritzia Trading Up 0.4%

Shares of OTCMKTS:ATZAF opened at $94.92 on Friday. The business’s fifty day moving average price is $108.92 and its two-hundred day moving average price is $96.66. Aritzia has a one year low of $51.34 and a one year high of $124.48.

Analyst Ratings Changes

Several research firms have recently issued reports on ATZAF. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Aritzia in a research note on Friday, May 8th. TD Securities reissued a “buy” rating on shares of Aritzia in a research note on Friday, July 10th. Royal Bank Of Canada restated an “outperform” rating on shares of Aritzia in a report on Friday, July 10th. National Bank Financial started coverage on shares of Aritzia in a research report on Wednesday, April 8th. They set an “outperform” rating for the company. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Aritzia in a report on Friday, July 10th. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Aritzia presently has a consensus rating of “Buy”.

Aritzia Company Profile

Aritzia Inc is a Canadian fashion retailer specializing in women’s apparel and accessories. Founded in 1984 by Brian Hill in Vancouver, British Columbia, the company has grown from a single boutique into a vertically integrated lifestyle brand. Aritzia designs, manufactures and markets a range of in-house labels, including TNA, Wilfred, Babaton and Super Puff, catering to a contemporary female clientele that values both trend-driven and timeless wardrobe essentials.

The company’s product assortment spans outerwear, knitwear, denim, suiting, activewear and accessories, with an emphasis on quality fabrics, fit and craftsmanship.