Jamieson Wellness Inc. (OTCMKTS:JWLLF – Get Rating) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 166,700 shares, a drop of 10.4% from the May 15th total of 186,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,667.0 days.
Analyst Upgrades and Downgrades
JWLLF has been the topic of several research analyst reports. Royal Bank of Canada raised their price objective on Jamieson Wellness from C$41.00 to C$42.00 in a research note on Friday, May 5th. Scotiabank dropped their price objective on Jamieson Wellness from C$39.00 to C$38.50 in a research note on Friday, February 24th. Finally, CIBC downgraded Jamieson Wellness from an “outperform” rating to a “neutral” rating in a research note on Monday, February 27th.
Jamieson Wellness Price Performance
JWLLF opened at $22.33 on Friday. The business’s 50-day moving average price is $23.72 and its two-hundred day moving average price is $24.61. Jamieson Wellness has a 1 year low of $21.50 and a 1 year high of $30.00.
Jamieson Wellness Company Profile
Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells natural health products in Canada and internationally. The company operates in two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment offers health products for humans, including vitamins, herbals, and mineral nutritional supplements; and over-the-counter remedies under the Jamieson and Lorna Vanderhaeghe brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.
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