Dominion Lending Centres Inc. (OTCMKTS:BRLGF) Short Interest Up 92.8% in June

Dominion Lending Centres Inc. (OTCMKTS:BRLGF) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 43,847 shares, an increase of 92.8% from the May 31st total of 22,747 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 438.5 days.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial began coverage on shares of Dominion Lending Centres in a report on Monday. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Dominion Lending Centres presently has a consensus rating of “Buy”.

Dominion Lending Centres Price Performance

Shares of OTCMKTS BRLGF opened at $6.09 on Friday. The company’s fifty day moving average price is $6.57 and its 200 day moving average price is $6.71. Dominion Lending Centres has a 1 year low of $5.85 and a 1 year high of $7.91.

Dominion Lending Centres Company Profile

Dominion Lending Centres is a Canadian mortgage brokerage network founded in 2006 and headquartered in London, Ontario. The company operates as a franchise-based platform, bringing together independently licensed mortgage professionals under a unified brand. By combining the reach of a national organization with the local expertise of its brokers, Dominion Lending Centres aims to simplify the mortgage process for homebuyers, homeowners looking to refinance, and investors seeking commercial financing solutions.

The firm’s core business activities center on residential and commercial mortgage origination.