Canadian Utilities Limited (OTCMKTS:CDUAF) Short Interest Up 5.4% in December

Canadian Utilities Limited (OTCMKTS:CDUAF) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,466,700 shares, a growth of 5.4% from the December 15th total of 1,391,800 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 287.6 days.

Canadian Utilities Trading Up 2.0 %

Shares of CDUAF traded up $0.47 during mid-day trading on Friday, reaching $23.84. 2,164 shares of the company’s stock were exchanged, compared to its average volume of 2,706. Canadian Utilities has a 52-week low of $21.30 and a 52-week high of $31.73. The company has a 50-day simple moving average of $24.69 and a two-hundred day simple moving average of $24.72.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.