Canoe EIT Income Fund (OTCMKTS:ENDTF) Sees Large Increase in Short Interest

Canoe EIT Income Fund (OTCMKTS:ENDTF) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 21,943 shares, a growth of 122.7% from the July 30th total of 9,855 shares. Based on an average daily volume of 5,769 shares, the short-interest ratio is presently 3.8 days. Currently, 0.0% of the company’s stock are sold short.

Canoe EIT Income Fund Price Performance

OTCMKTS:ENDTF opened at C$12.73 on Monday. The company has a market capitalization of C$1.52 billion and a price-to-earnings ratio of 3.62. Canoe EIT Income Fund has a one year low of C$10.30 and a one year high of C$12.90. The stock has a 50-day simple moving average of C$12.51 and a 200 day simple moving average of C$12.35. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96.

About Canoe EIT Income Fund

Canoe EIT Income Fund (OTCMKTS: ENDTF) is a closed-end investment fund established to provide investors with regular income and the potential for long-term capital growth. The fund primarily holds equity and fixed-income securities, with a focus on Canadian companies that generate stable cash flows. By investing across a diversified portfolio of sectors—including energy infrastructure, utilities, real estate and financial services—the fund seeks to balance income generation with moderate growth prospects.

The portfolio is actively managed by Canoe Financial, an independent Canadian asset manager headquartered in Toronto.