Short Interest in Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Rises By 33.4%

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 3,205,400 shares, an increase of 33.4% from the December 31st total of 2,403,100 shares. Based on an average daily volume of 120,100 shares, the short-interest ratio is currently 26.7 days.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Scotiabank raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 20th. UBS Group upgraded Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 13th.

Alimentation Couche-Tard Stock Down 1.0 %

Shares of OTCMKTS:ANCTF traded down $0.51 during trading on Friday, reaching $52.90. The stock had a trading volume of 73,188 shares, compared to its average volume of 97,044. The firm’s 50-day simple moving average is $55.20 and its 200 day simple moving average is $56.00. Alimentation Couche-Tard has a one year low of $51.13 and a one year high of $64.34.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last posted its earnings results on Monday, November 25th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01).

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.