Canadian Utilities Limited (OTCMKTS:CDUAF) Sees Significant Increase in Short Interest

Canadian Utilities Limited (OTCMKTS:CDUAF) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 1,803,500 shares, a growth of 11.0% from the June 30th total of 1,624,400 shares. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is presently 277.5 days.

Canadian Utilities Price Performance

Shares of OTCMKTS:CDUAF opened at $23.49 on Thursday. Canadian Utilities has a 1-year low of $20.65 and a 1-year high of $25.24. The business has a 50-day moving average price of $22.32 and a two-hundred day moving average price of $22.54.

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.