Short Interest in Cascades Inc. (OTCMKTS:CADNF) Expands By 8.5%

Cascades Inc. (OTCMKTS:CADNF) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 835,600 shares, an increase of 8.5% from the October 31st total of 769,900 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 321.4 days.

Cascades Stock Performance

Cascades stock remained flat at $8.43 during trading hours on Tuesday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 7,415. Cascades has a fifty-two week low of $6.50 and a fifty-two week high of $11.06. The business’s 50 day moving average price is $7.81 and its 200-day moving average price is $7.18.

About Cascades

Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards.