Cascades Inc. (OTCMKTS:CADNF) Short Interest Update

Cascades Inc. (OTCMKTS:CADNF) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 920,400 shares, a decrease of 20.3% from the January 15th total of 1,154,400 shares. Based on an average trading volume of 7,100 shares, the short-interest ratio is currently 129.6 days.

Cascades Price Performance

CADNF remained flat at $9.08 during trading hours on Friday. Cascades has a 12 month low of $6.50 and a 12 month high of $10.84. The business’s 50 day simple moving average is $8.56 and its two-hundred day simple moving average is $7.83.

Cascades Company Profile

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.