Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Short Interest Falls 48.8%

Canoe EIT Income Fund (OTCMKTS:ENDTF – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 9,715 shares, a decline of 48.8% from the September 15th total of 18,989 shares. Based on an average daily volume of 6,292 shares, the short-interest ratio is currently 1.5 days. Currently, 0.0% of the company’s stock are sold short.

Canoe EIT Income Fund Price Performance

Shares of ENDTF opened at C$12.50 on Friday. The stock has a 50 day simple moving average of C$12.57 and a 200 day simple moving average of C$12.40. Canoe EIT Income Fund has a 52-week low of C$10.30 and a 52-week high of C$12.97. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of C$1.49 billion and a PE ratio of 3.55.

About Canoe EIT Income Fund

(Get Free Report)

Canoe EIT Income Fund is a Canadian closed-end investment fund that seeks to provide investors with regular income and the opportunity for long-term capital appreciation. The fund is managed by Canoe Financial LP and is listed in Canada under the symbol EIT.UN; its units also trade over the counter in the United States under the symbol ENDTF.

The fund invests in a diversified portfolio of income-generating securities, including Canadian and international equities, preferred shares, and fixed-income investments.

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