Dollar Tree, Inc. (NASDAQ:DLTR) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 5,870,000 shares, a drop of 22.8% from the November 30th total of 7,600,000 shares. Currently, 2.6% of the company’s stock are sold short. Based on an average trading volume of 4,350,000 shares, the days-to-cover ratio is presently 1.3 days.
Shares of Dollar Tree stock opened at $140.96 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.45. Dollar Tree has a twelve month low of $84.26 and a twelve month high of $149.37. The business has a 50-day moving average price of $132.91 and a 200 day moving average price of $109.78. The firm has a market cap of $31.71 billion, a PE ratio of 23.81, a P/E/G ratio of 2.11 and a beta of 0.74.
Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Tuesday,…
