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

AutoCanada Inc. (OTCMKTS:AOCIF) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 482,200 shares, a drop of 7.4% from the February 29th total of 521,000 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is currently 267.9 days.

AutoCanada Stock Performance

Shares of OTCMKTS:AOCIF opened at $17.91 on Tuesday. The company has a 50 day moving average of $16.67 and a 200-day moving average of $16.63. AutoCanada has a one year low of $11.36 and a one year high of $20.00.

About AutoCanada

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.