Short Interest in Canadian Utilities Limited (OTCMKTS:CDUAF) Expands By 20.9%

Canadian Utilities Limited (OTCMKTS:CDUAF) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,503,100 shares, an increase of 20.9% from the August 31st total of 1,242,800 shares. Based on an average daily volume of 58,100 shares, the days-to-cover ratio is presently 25.9 days.

Canadian Utilities Stock Performance

OTCMKTS CDUAF remained flat at $26.50 during mid-day trading on Monday. The company had a trading volume of 453 shares, compared to its average volume of 11,241. The stock’s fifty day moving average is $24.69 and its 200 day moving average is $23.20. Canadian Utilities has a 1 year low of $20.65 and a 1 year high of $27.78.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.