Canoe EIT Income Fund (OTCMKTS:ENDTF) Short Interest Update

Canoe EIT Income Fund (OTCMKTS:ENDTF) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 12,058 shares, a decrease of 45.0% from the August 15th total of 21,943 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 16,061 shares, the short-interest ratio is currently 0.8 days.

Canoe EIT Income Fund Price Performance

Shares of ENDTF stock remained flat at C$12.68 during trading hours on Wednesday. 1,157 shares of the company were exchanged, compared to its average volume of 23,337. The company has a market cap of C$1.51 billion and a price-to-earnings ratio of 3.60. The company’s fifty day simple moving average is C$12.68 and its 200-day simple moving average is C$12.38. Canoe EIT Income Fund has a 1-year low of C$10.30 and a 1-year high of C$12.97. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 29.91.

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.