Canoe EIT Income Fund (OTCMKTS:ENDTF) Short Interest Update

Canoe EIT Income Fund (OTCMKTS:ENDTF) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 24,200 shares, a decrease of 66.3% from the December 15th total of 71,900 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is presently 6.1 days.

Canoe EIT Income Fund Stock Down 0.2 %

Shares of Canoe EIT Income Fund stock traded down C$0.02 during trading on Tuesday, hitting C$10.58. 2,200 shares of the stock traded hands, compared to its average volume of 2,014. The stock has a market cap of C$1.26 billion and a P/E ratio of 3.01. The company has a fifty day moving average price of C$10.87 and a two-hundred day moving average price of C$10.58. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96. Canoe EIT Income Fund has a twelve month low of C$8.06 and a twelve month high of C$11.75.

Canoe EIT Income Fund Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, December 23rd will be issued a $0.0707 dividend. This represents a yield of 7.78%. The ex-dividend date is Friday, December 20th. Canoe EIT Income Fund’s dividend payout ratio is presently 17.05%.

Canoe EIT Income Fund Company Profile

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.