Exchange Income Co. (OTCMKTS:EIFZF) Shares Shorted: Short Interest Down 39.2% in September

Exchange Income Co. (OTCMKTS:EIFZF) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 253,344 shares, a decline of 39.2% from the August 31st total of 416,832 shares. Based on an average daily trading volume, of 12,891 shares, the days-to-cover ratio is currently 19.7 days.

Exchange Income Trading Down 1.6%

OTCMKTS:EIFZF traded down $1.37 during midday trading on Thursday, reaching $86.30. The company had a trading volume of 110 shares, compared to its average volume of 12,125. Exchange Income has a 12-month low of $52.58 and a 12-month high of $95.53. The stock’s fifty day simple moving average is $88.50 and its 200-day simple moving average is $84.51.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EIFZF. Royal Bank Of Canada reissued an “outperform” rating on shares of Exchange Income in a research note on Thursday, August 13th. Scotiabank reissued an “outperform” rating on shares of Exchange Income in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Exchange Income in a research note on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Exchange Income Company Profile

Exchange Income Corporation is a diversified Canadian holding company headquartered in Winnipeg, Manitoba. The company owns and operates businesses in the aviation, aerospace and manufacturing sectors, with a focus on acquiring established companies that provide essential products and services.

Its aviation operations include regional airlines, charter and cargo services, medevac transportation, and other aviation-related activities. These businesses serve communities and commercial customers across Canada, including remote and northern regions, and provide passenger, freight, aircraft maintenance and aviation support services.

Exchange Income also operates manufacturing businesses that produce specialized equipment and components for industrial, aerospace and other end markets.