Short Interest in Cascades Inc. (OTCMKTS:CADNF) Increases By 22.2%

Cascades Inc. (OTCMKTS:CADNF) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 962,200 shares, a growth of 22.2% from the August 31st total of 787,600 shares. Based on an average daily volume of 11,800 shares, the short-interest ratio is currently 81.5 days.

Cascades Stock Performance

CADNF stock remained flat at $7.53 during midday trading on Friday. Cascades has a one year low of $6.50 and a one year high of $11.06. The company has a fifty day simple moving average of $6.92 and a 200 day simple moving average of $6.94.

About Cascades

Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards.