Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Short Interest Climbs 57.5%

Canoe EIT Income Fund (OTCMKTS:ENDTF) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 18,989 shares, a growth of 57.5% from the August 31st total of 12,058 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 14,991 shares, the days-to-cover ratio is presently 1.3 days.

Canoe EIT Income Fund Price Performance

Canoe EIT Income Fund stock remained flat at C$12.32 during trading hours on Wednesday. The company’s stock had a trading volume of 1,900 shares, compared to its average volume of 22,552. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a 50-day simple moving average of C$12.69 and a 200-day simple moving average of C$12.39. The stock has a market cap of C$1.47 billion and a price-to-earnings ratio of 3.50. Canoe EIT Income Fund has a 1-year low of C$10.30 and a 1-year high of C$12.97.

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.