Cogeco Communications Inc. (OTCMKTS:CGEAF) Short Interest Update

Cogeco Communications Inc. (OTCMKTS:CGEAF) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 978,200 shares, an increase of 12.8% from the August 31st total of 867,500 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is currently 120.8 days.

Cogeco Communications Trading Up 0.5 %

CGEAF stock traded up $0.24 during midday trading on Friday, reaching $51.94. 16,216 shares of the company’s stock traded hands, compared to its average volume of 9,199. Cogeco Communications has a fifty-two week low of $37.15 and a fifty-two week high of $51.95. The business has a 50-day moving average price of $47.45 and a two-hundred day moving average price of $43.09.

About Cogeco Communications

Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.