AutoCanada Inc. (OTCMKTS:AOCIF) Sees Large Decrease in Short Interest

AutoCanada Inc. (OTCMKTS:AOCIF) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 500,000 shares, a decline of 8.1% from the September 30th total of 543,900 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1,666.7 days.

AutoCanada Stock Performance

OTCMKTS AOCIF opened at $11.86 on Thursday. AutoCanada has a 12 month low of $10.55 and a 12 month high of $13.91. The company’s 50 day simple moving average is $11.34 and its 200 day simple moving average is $14.84.

AutoCanada Company Profile

AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.