Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Short Interest Falls 48.8%

Canoe EIT Income Fund (OTCMKTS:ENDTF) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 9,715 shares, a decline of 48.8% from the September 15th total of 18,989 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 6,292 shares, the days-to-cover ratio is currently 1.5 days.

Canoe EIT Income Fund Stock Performance

ENDTF stock remained flat at C$12.30 during trading on Wednesday. The company had a trading volume of 3,448 shares, compared to its average volume of 22,047. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a 50-day moving average of C$12.58 and a 200-day moving average of C$12.40. The firm has a market capitalization of C$1.47 billion and a price-to-earnings ratio of 3.49. Canoe EIT Income Fund has a 52 week low of C$10.30 and a 52 week high of C$12.97.

Canoe EIT Income Fund Company Profile

Canoe EIT Income Fund is a Canadian closed-end investment fund that seeks to provide investors with regular income and the opportunity for long-term capital appreciation. The fund is managed by Canoe Financial LP and is listed in Canada under the symbol EIT.UN; its units also trade over the counter in the United States under the symbol ENDTF.

The fund invests in a diversified portfolio of income-generating securities, including Canadian and international equities, preferred shares, and fixed-income investments.