Canadian Tire Co., Limited (OTCMKTS:CDNAF) Short Interest Down 13.9% in November

Canadian Tire Co., Limited (OTCMKTS:CDNAFGet Free Report) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,441,800 shares, a decrease of 13.9% from the October 31st total of 2,835,300 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 305.2 days.

Canadian Tire Stock Performance

Shares of Canadian Tire stock opened at $110.58 on Tuesday. Canadian Tire has a 1-year low of $91.50 and a 1-year high of $120.47. The firm has a fifty day simple moving average of $112.41 and a 200-day simple moving average of $108.00.

About Canadian Tire

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Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products.

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