Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Short Interest Climbs 57.5%

Canoe EIT Income Fund (OTCMKTS:ENDTF) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 18,989 shares, a growth of 57.5% from the August 31st total of 12,058 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 14,991 shares, the short-interest ratio is presently 1.3 days.

Canoe EIT Income Fund Price Performance

Canoe EIT Income Fund stock remained flat at C$12.32 during trading hours on Wednesday. 1,900 shares of the company’s stock were exchanged, compared to its average volume of 22,552. The company’s 50 day simple moving average is C$12.69 and its two-hundred day simple moving average is C$12.39. Canoe EIT Income Fund has a 1-year low of C$10.30 and a 1-year high of C$12.97. The stock has a market cap of C$1.47 billion and a PE ratio of 3.50. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91.

Canoe EIT Income Fund Company Profile

Canoe EIT Income Fund is a Canadian closed-end investment fund managed by Canoe Financial LP. The fund seeks to provide investors with a high level of monthly income while also offering the potential for long-term capital appreciation through a diversified portfolio of securities.

The fund invests primarily in income-generating and growth-oriented securities, including equities and fixed-income investments. Its portfolio may include companies from Canada and other developed markets, giving investors exposure to a range of industries and geographic regions.