Transcontinental Inc. (OTCMKTS:TCLAF) Short Interest Down 15.9% in October

Transcontinental Inc. (OTCMKTS:TCLAF) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 513,100 shares, a decrease of 15.9% from the September 30th total of 609,900 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 2,565.5 days.

Transcontinental Stock Performance

OTCMKTS TCLAF opened at $12.69 on Wednesday. The business’s fifty day moving average is $12.51 and its 200-day moving average is $11.34. Transcontinental has a one year low of $7.33 and a one year high of $13.26.

About Transcontinental

Transcontinental Inc engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through Packaging, Printing, and Media sectors. The Packaging sector engages in the extrusion, lamination, printing, and converting packaging solutions; and manufacturing and recycling flexible plastic, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.