AutoCanada Inc. (OTCMKTS:AOCIF) Sees Significant Growth in Short Interest

AutoCanada Inc. (OTCMKTS:AOCIF) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 865,300 shares, a growth of 15.7% from the August 15th total of 747,700 shares. Based on an average trading volume of 6,200 shares, the short-interest ratio is currently 139.6 days.

AutoCanada Trading Down 4.0 %

OTCMKTS AOCIF opened at $10.67 on Monday. AutoCanada has a 12 month low of $10.55 and a 12 month high of $13.91. The company’s 50 day simple moving average is $13.52 and its 200 day simple moving average is $16.12.

About AutoCanada

AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.