Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Short Interest Climbs 57.5%

Canoe EIT Income Fund (OTCMKTS:ENDTF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 18,989 shares, a growth of 57.5% from the August 31st total of 12,058 shares. Based on an average daily volume of 14,991 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the company’s stock are sold short.

Canoe EIT Income Fund Stock Down 4.5%

ENDTF stock traded down C$0.56 during mid-day trading on Thursday, reaching C$11.77. The company had a trading volume of 543 shares, compared to its average volume of 22,356. The company has a market capitalization of C$1.40 billion and a price-to-earnings ratio of 3.34. Canoe EIT Income Fund has a 52 week low of C$10.30 and a 52 week high of C$12.97. The stock has a 50 day simple moving average of C$12.69 and a two-hundred day simple moving average of C$12.39. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96.

About Canoe EIT Income Fund

Canoe EIT Income Fund is a Canadian closed-end investment fund managed by Canoe Financial LP. The fund seeks to provide investors with a high level of monthly income while also offering the potential for long-term capital appreciation through a diversified portfolio of securities.

The fund invests primarily in income-generating and growth-oriented securities, including equities and fixed-income investments. Its portfolio may include companies from Canada and other developed markets, giving investors exposure to a range of industries and geographic regions.