Canadian Tire Co., Limited (OTCMKTS:CDNTF – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 104 shares, an increase of 3,366.7% from the April 15th total of 3 shares. Based on an average daily volume of 27 shares, the days-to-cover ratio is presently 3.9 days.
Canadian Tire Price Performance
CDNTF stock remained flat at $165.45 during mid-day trading on Monday. 1 shares of the company’s stock traded hands, compared to its average volume of 110. Canadian Tire has a 1-year low of $130.00 and a 1-year high of $236.05. The firm’s 50-day moving average price is $163.03 and its 200-day moving average price is $169.87.
About Canadian Tire
Canadian Tire Corporation, Limited is a diversified Canadian retail company known for its extensive portfolio of automotive, home, and leisure products. Through its signature Canadian Tire retail stores, the company offers a wide range of goods including automotive parts and accessories, tools and hardware, sporting equipment, home appliances, and seasonal products. In addition to its brick-and-mortar footprint, Canadian Tire operates an integrated e-commerce platform that supports online ordering, in-store pickup, and delivery services.
Founded in 1922 by brothers John W.
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