AutoCanada Inc. (OTCMKTS:AOCIF) Short Interest Down 8.1% in October

AutoCanada Inc. (OTCMKTS:AOCIF) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 500,000 shares, a decrease of 8.1% from the September 30th total of 543,900 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1,666.7 days.

AutoCanada Stock Performance

AOCIF opened at $11.86 on Friday. The company’s 50-day moving average price is $11.39 and its two-hundred day moving average price is $14.80. AutoCanada has a twelve month low of $10.55 and a twelve month high of $13.91.

AutoCanada Company Profile

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.