Short Interest in Canadian Utilities Limited (OTCMKTS:CDUAF) Drops By 17.7%

Canadian Utilities Limited (OTCMKTS:CDUAF) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 1,408,100 shares, a decrease of 17.7% from the February 13th total of 1,710,400 shares. Based on an average trading volume of 16,300 shares, the short-interest ratio is currently 86.4 days.

Canadian Utilities Stock Performance

OTCMKTS CDUAF opened at $25.28 on Thursday. Canadian Utilities has a 1 year low of $21.30 and a 1 year high of $31.73. The company has a fifty day moving average of $23.92 and a two-hundred day moving average of $24.92.

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.