Canadian Tire Co., Limited (OTCMKTS:CDNAF) Short Interest Up 13.9% in October

Canadian Tire Co., Limited (OTCMKTS:CDNAF) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 2,835,300 shares, an increase of 13.9% from the October 15th total of 2,488,900 shares. Based on an average daily volume of 11,800 shares, the short-interest ratio is presently 240.3 days.

Canadian Tire Price Performance

OTCMKTS CDNAF opened at $107.78 on Monday. The stock’s 50 day moving average is $114.03 and its 200 day moving average is $107.42. Canadian Tire has a 12 month low of $91.50 and a 12 month high of $120.47.

About Canadian Tire

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 décor, 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.