Canoe EIT Income Fund (OTCMKTS:ENDTF) Short Interest Update

Canoe EIT Income Fund (OTCMKTS:ENDTF) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 12,058 shares, a drop of 45.0% from the August 15th total of 21,943 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 16,061 shares, the short-interest ratio is currently 0.8 days.

Canoe EIT Income Fund Price Performance

OTCMKTS ENDTF opened at C$12.69 on Thursday. Canoe EIT Income Fund has a 12 month low of C$10.30 and a 12 month high of C$12.97. The firm has a market capitalization of C$1.52 billion and a PE ratio of 3.61. The company’s 50 day simple moving average is C$12.69 and its 200 day simple moving average is C$12.38. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96.

About Canoe EIT Income Fund

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.