Jamieson Wellness Inc. (OTCMKTS:JWLLF) Sees Significant Drop in Short Interest

Jamieson Wellness Inc. (OTCMKTS:JWLLF – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 45,453 shares, a drop of 39.2% from the May 31st total of 74,718 shares. Based on an average daily trading volume, of 293 shares, the short-interest ratio is presently 155.1 days.

Analysts Set New Price Targets

Several research firms recently issued reports on JWLLF. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Jamieson Wellness in a report on Friday, May 8th. National Bank Financial restated an “outperform” rating on shares of Jamieson Wellness in a research note on Friday, June 26th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

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Jamieson Wellness Stock Performance

Jamieson Wellness stock remained flat at $28.92 during mid-day trading on Friday. 3 shares of the company were exchanged, compared to its average volume of 1,812. The stock has a 50-day moving average of $25.70 and a two-hundred day moving average of $25.39. Jamieson Wellness has a fifty-two week low of $23.88 and a fifty-two week high of $29.26.

Jamieson Wellness Company Profile

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Jamieson Wellness is a leading Canadian manufacturer and distributor of nutraceutical products, including vitamins, minerals, herbal remedies and dietary supplements. Founded in 1922, the company has grown to offer a diverse portfolio of formulations designed to support general health, immune function, digestion and other specialized wellness needs. Its flagship Jamieson brand is complemented by sub-brands such as bkind, reflecting a commitment to innovation and consumer choice across a range of tablet, capsule and gummy formats.

The company serves both domestic and international markets through a multi-channel approach that includes major mass and drug retailers, specialty stores and direct-to-consumer e-commerce platforms.

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