Air Canada (OTCMKTS:ACDVF) Shares Shorted: Short Interest Up 118.4% in September

Posted by Brian Himes on Oct 14th, 2026

Air Canada (OTCMKTS:ACDVF – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,723,045 shares, a growth of 118.4% from the September 15th total of 1,704,534 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average daily volume of 91,364 shares, the days-to-cover ratio is presently 40.7 days.

Air Canada Trading Up 1.6%

OTCMKTS:ACDVF opened at $16.12 on Wednesday. Air Canada has a 12 month low of $12.03 and a 12 month high of $22.52. The company has a current ratio of 0.60, a quick ratio of 0.56 and a debt-to-equity ratio of 3.52. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 0.45 and a beta of 1.45. The firm has a fifty day simple moving average of $19.65 and a two-hundred day simple moving average of $16.86.

Air Canada (OTCMKTS:ACDVF – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.18. The firm had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.34 billion. Air Canada had a net margin of 1.82% and a return on equity of 20.11%. Analysts expect that Air Canada will post 0.90 EPS for the current fiscal year.

Analyst Ratings Changes

ACDVF has been the topic of several research analyst reports. Scotiabank restated an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 19th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Air Canada in a report on Thursday, August 13th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Air Canada in a research note on Friday, August 14th. National Bank Financial restated an “outperform” rating on shares of Air Canada in a report on Wednesday, August 12th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Air Canada in a research report on Thursday, August 13th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

View Our Latest Analysis on Air Canada

Air Canada Company Profile

(Get Free Report)

Air Canada is Canada’s national flag carrier and one of the country’s largest airlines. Headquartered in Montreal, Quebec, the company provides scheduled passenger air transportation to destinations across Canada, the United States, Europe, Asia-Pacific, Latin America and the Caribbean. Its network is supported by regional service operated under the Air Canada Express brand and leisure-focused flights operated by Air Canada Rouge.

The company’s principal businesses include passenger airline services, air cargo transportation and vacation travel.