Exchange Income Co. (OTCMKTS:EIFZF) Stock Short Interest Report for October

Exchange Income Co. (OTCMKTS:EIFZF) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 388,186 shares, a growth of 62.8% from the September 30th total of 238,392 shares. Based on an average daily volume of 9,709 shares, the days-to-cover ratio is currently 40.0 days.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Exchange Income in a research note on Thursday, August 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of Exchange Income in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Exchange Income in a report on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Exchange Income Stock Down 0.6%

Exchange Income stock traded down $0.49 during trading hours on Monday, hitting $82.24. The company had a trading volume of 140 shares, compared to its average volume of 11,765. The firm’s fifty day moving average is $84.77 and its 200-day moving average is $81.79. Exchange Income has a fifty-two week low of $52.90 and a fifty-two week high of $95.53.

Exchange Income Company Profile

Exchange Income Corporation is a diversified Canadian company headquartered in Winnipeg, Manitoba. It acquires and operates businesses that provide essential services and products, with a focus on aviation and aerospace, manufacturing, and related infrastructure and equipment services.

Through its aviation and aerospace operations, the company provides regional passenger transportation, air cargo, charter flights, medevac and other specialized aviation services. Its businesses serve remote and northern communities, government and corporate customers, and other organizations that require reliable air transportation and aviation support.

Exchange Income also owns manufacturing businesses that produce specialized products and equipment for industrial, infrastructure, transportation and other commercial markets.