Cogeco Communications Inc. (OTCMKTS:CGEAF) Short Interest Down 23.4% in September

Cogeco Communications Inc. (OTCMKTS:CGEAF) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totalling 749,400 shares, a decline of 23.4% from the September 15th total of 978,200 shares. Based on an average daily volume of 8,700 shares, the short-interest ratio is presently 86.1 days.

Cogeco Communications Price Performance

Shares of Cogeco Communications stock remained flat at $49.88 on Tuesday. The business’s 50-day moving average price is $48.68 and its two-hundred day moving average price is $43.63. Cogeco Communications has a 12 month low of $37.15 and a 12 month high of $51.95.

Cogeco Communications Company Profile

Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.