AutoCanada Inc. (OTCMKTS:AOCIF) Short Interest Down 36.6% in September

AutoCanada Inc. (OTCMKTS:AOCIF) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 548,500 shares, a decline of 36.6% from the August 31st total of 865,300 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is presently 124.7 days.

AutoCanada Stock Performance

Shares of OTCMKTS AOCIF remained flat at $11.86 during trading hours on Friday. The stock had a trading volume of 437 shares, compared to its average volume of 9,900. The company’s 50 day simple moving average is $12.37 and its two-hundred day simple moving average is $15.81. AutoCanada has a one year low of $10.55 and a one year high of $13.91.

About AutoCanada

AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.