Canadian Utilities Limited (OTCMKTS:CDUAF) Sees Large Growth in Short Interest

Canadian Utilities Limited (OTCMKTS:CDUAF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 1,466,700 shares, an increase 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 currently 287.6 days.

Canadian Utilities Price Performance

Shares of CDUAF stock opened at $23.84 on Monday. The firm has a 50 day moving average of $24.69 and a two-hundred day moving average of $24.74. Canadian Utilities has a 52 week low of $21.30 and a 52 week high of $31.73.

About Canadian Utilities

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.