Parkland Co. (OTCMKTS:PKIUF) Short Interest Down 20.0% in August

Parkland Co. (OTCMKTS:PKIUF) was the recipient of a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 1,858,300 shares, a drop of 20.0% from the July 31st total of 2,321,600 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 331.8 days.

Parkland Stock Performance

PKIUF stock traded down $0.02 during mid-day trading on Friday, reaching $27.04. 517 shares of the company’s stock were exchanged, compared to its average volume of 11,829. The stock’s 50 day moving average is $27.01 and its 200 day moving average is $29.52. Parkland has a 12-month low of $24.97 and a 12-month high of $35.51.

Parkland (OTCMKTS:PKIUF) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.64 earnings per share (EPS) for the quarter. The business had revenue of $5.48 billion for the quarter.

Parkland Company Profile

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company's Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.