Canadian Utilities Limited (OTCMKTS:CDUAF) Sees Large Growth in Short Interest

Canadian Utilities Limited (OTCMKTS:CDUAF) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,410,100 shares, a growth of 11.1% from the November 15th total of 1,269,700 shares. Based on an average trading volume of 27,600 shares, the days-to-cover ratio is currently 51.1 days.

Canadian Utilities Stock Down 0.5 %

Shares of Canadian Utilities stock opened at $24.80 on Friday. The firm’s fifty day simple moving average is $25.61 and its 200-day simple moving average is $24.39. Canadian Utilities has a 12 month low of $21.30 and a 12 month high of $31.73.

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.