Canadian Utilities Limited (OTCMKTS:CDUAF) Short Interest Down 17.7% in February

Canadian Utilities Limited (OTCMKTS:CDUAF) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,408,100 shares, a decline of 17.7% from the February 13th total of 1,710,400 shares. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 86.4 days.

Canadian Utilities Price Performance

Shares of OTCMKTS CDUAF opened at $24.67 on Tuesday. Canadian Utilities has a twelve month low of $21.30 and a twelve month high of $31.73. The business’s 50 day moving average price is $23.89 and its two-hundred day moving average price is $24.92.

About Canadian Utilities

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.