Dr. Martens plc (OTCMKTS:DOCMF) Sees Large Increase in Short Interest

Dr. Martens plc (OTCMKTS:DOCMFGet Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 295,221 shares, a growth of 90.2% from the June 15th total of 155,201 shares. Based on an average trading volume of 3,165 shares, the days-to-cover ratio is currently 93.3 days.

Dr. Martens Stock Performance

DOCMF remained flat at $1.03 during trading on Friday. The company’s stock had a trading volume of 14,487 shares, compared to its average volume of 23,875. The business’s 50-day moving average is $0.95 and its 200 day moving average is $0.93. Dr. Martens has a 1-year low of $0.81 and a 1-year high of $1.35.

Dr. Martens Company Profile

(Get Free Report)

Dr. Martens, traded on the OTCMKTS as DOCMF, is a global footwear and fashion brand best known for its iconic leather boots and shoes. Founded in 1947 by German engineer Klaus Märtens, the company has built a reputation for durable, air-cushioned soles and distinctive yellow stitching. Over the decades, Dr. Martens has expanded its product line to include a wide range of footwear styles, leather jackets, apparel and accessories, all designed to reflect its heritage of rebellious youth culture and practical functionality.

The company’s core business activities span design, manufacturing and marketing.

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