Dominion Lending Centres Inc. (OTCMKTS:BRLGF) Sees Large Increase in Short Interest

Dominion Lending Centres Inc. (OTCMKTS:BRLGFGet Free Report) was the target 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 days-to-cover ratio is presently 438.5 days.

Dominion Lending Centres Stock Performance

Shares of OTCMKTS:BRLGF opened at $6.09 on Wednesday. The business has a fifty day moving average price of $6.62 and a two-hundred day moving average price of $6.73. Dominion Lending Centres has a 1 year low of $5.85 and a 1 year high of $7.91.

Analyst Ratings Changes

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

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Dominion Lending Centres Company Profile

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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.

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