Canoe EIT Income Fund (OTCMKTS:ENDTF) Short Interest Down 45.0% in August

Canoe EIT Income Fund (OTCMKTS:ENDTF) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 12,058 shares, a decrease of 45.0% from the August 15th total of 21,943 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 16,061 shares, the days-to-cover ratio is presently 0.8 days.

Canoe EIT Income Fund Stock Performance

Shares of OTCMKTS:ENDTF opened at C$12.89 on Tuesday. Canoe EIT Income Fund has a 12 month low of C$10.30 and a 12 month high of C$12.97. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 29.91. The company’s fifty day simple moving average is C$12.67 and its 200 day simple moving average is C$12.38. The firm has a market cap of C$1.54 billion and a price-to-earnings ratio of 3.66.

Canoe EIT Income Fund Company Profile

Canoe EIT Income Fund is a Canadian closed-end investment fund managed by Canoe Financial LP. The fund seeks to provide investors with a high level of monthly income while also offering the potential for long-term capital appreciation through a diversified portfolio of securities.

The fund invests primarily in income-generating and growth-oriented securities, including equities and fixed-income investments. Its portfolio may include companies from Canada and other developed markets, giving investors exposure to a range of industries and geographic regions.