Parkland Co. (OTCMKTS:PKIUF) Sees Significant Decline in Short Interest

Parkland Co. (OTCMKTS:PKIUF) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 1,885,500 shares, a drop of 20.2% from the September 15th total of 2,363,700 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is presently 628.5 days.

Parkland Stock Up 0.6 %

OTCMKTS PKIUF traded up $0.15 during mid-day trading on Monday, reaching $26.45. 1,400 shares of the stock were exchanged, compared to its average volume of 9,943. Parkland has a 1-year low of $24.97 and a 1-year high of $35.51. The business’s fifty day simple moving average is $26.17 and its 200 day simple moving average is $28.01.

Parkland (OTCMKTS:PKIUF) last released its earnings results on Wednesday, July 31st. The company reported $0.64 earnings per share (EPS) for the quarter. The company had revenue of $5.48 billion during the quarter.

Parkland Company Profile

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company's Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.