Short Interest in AutoCanada Inc. (OTCMKTS:AOCIF) Declines By 8.9%

AutoCanada Inc. (OTCMKTS:AOCIF) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 464,500 shares, a drop of 8.9% from the October 31st total of 509,900 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 309.7 days.

AutoCanada Price Performance

OTCMKTS:AOCIF opened at $13.29 on Tuesday. The company’s 50 day moving average is $12.17 and its two-hundred day moving average is $13.98. AutoCanada has a twelve month low of $10.55 and a twelve month high of $13.91.

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.