Short Interest in Transcontinental Inc. (OTCMKTS:TCLAF) Declines By 23.9%

Transcontinental Inc. (OTCMKTS:TCLAF) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 609,900 shares, a decline of 23.9% from the September 15th total of 801,200 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 321.0 days.

Transcontinental Price Performance

Shares of TCLAF stock remained flat at $12.78 during trading hours on Monday. 3 shares of the stock traded hands, compared to its average volume of 1,508. The business’s 50-day moving average price is $12.32 and its two-hundred day moving average price is $11.16. Transcontinental has a 1-year low of $7.33 and a 1-year high of $13.26.

About Transcontinental

Transcontinental Inc engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through Packaging, Printing, and Media sectors. The Packaging sector engages in the extrusion, lamination, printing, and converting packaging solutions; and manufacturing and recycling flexible plastic, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.