Cascades Inc. (OTCMKTS:CADNF) Short Interest Down 23.5% in September

Cascades Inc. (OTCMKTS:CADNF) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 735,900 shares, a drop of 23.5% from the September 15th total of 962,200 shares. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 81.8 days.

Cascades Trading Up 1.5 %

OTCMKTS:CADNF traded up $0.11 during trading hours on Friday, reaching $7.74. The company had a trading volume of 1,000 shares, compared to its average volume of 8,108. Cascades has a 1-year low of $6.50 and a 1-year high of $11.06. The business’s 50 day moving average price is $7.07 and its 200-day moving average price is $6.97.

Cascades Company Profile

Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards.