Short Interest in Canadian Utilities Limited (OTCMKTS:CDUAF) Increases By 5.4%

Canadian Utilities Limited (OTCMKTS:CDUAF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 1,466,700 shares, an increase of 5.4% from the December 31st total of 1,391,800 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 287.6 days.

Canadian Utilities Stock Performance

OTCMKTS:CDUAF opened at $23.40 on Monday. Canadian Utilities has a 12 month low of $21.30 and a 12 month high of $31.73. The company’s 50-day moving average price is $24.39 and its two-hundred day moving average price is $24.83.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.