Short Interest in Canadian Tire Co., Limited (OTCMKTS:CDNAF) Decreases By 16.1%

Canadian Tire Co., Limited (OTCMKTS:CDNAFGet Free Report) saw a large decrease in short interest during the month of February. As of February 29th, there was short interest totalling 2,646,900 shares, a decrease of 16.1% from the February 14th total of 3,154,800 shares. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is currently 218.8 days.

Canadian Tire Stock Performance

Shares of CDNAF traded down $1.93 during mid-day trading on Friday, hitting $97.41. 234 shares of the company’s stock were exchanged, compared to its average volume of 13,130. The firm has a fifty day moving average of $105.03 and a two-hundred day moving average of $105.78. Canadian Tire has a twelve month low of $94.95 and a twelve month high of $143.80.

About Canadian Tire

(Get Free Report)

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home d├ęcor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products.

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