Cascades Inc. (OTCMKTS:CADNF) Short Interest Update

Cascades Inc. (OTCMKTS:CADNF) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 835,600 shares, a growth of 8.5% from the October 31st total of 769,900 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 321.4 days.

Cascades Trading Down 0.1 %

Shares of OTCMKTS:CADNF traded down $0.01 during midday trading on Tuesday, hitting $8.43. The company’s stock had a trading volume of 2 shares, compared to its average volume of 7,415. Cascades has a fifty-two week low of $6.50 and a fifty-two week high of $11.06. The stock’s 50 day simple moving average is $7.81 and its 200 day simple moving average is $7.18.

About Cascades

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.