Canadian Tire Co., Limited (OTCMKTS:CDNAF) Sees Significant Decline in Short Interest

Canadian Tire Co., Limited (OTCMKTS:CDNAF) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 2,215,800 shares, a decrease of 9.3% from the November 15th total of 2,441,800 shares. Based on an average trading volume of 16,800 shares, the days-to-cover ratio is currently 131.9 days.

Canadian Tire Stock Performance

Shares of Canadian Tire stock opened at $108.55 on Tuesday. Canadian Tire has a twelve month low of $91.50 and a twelve month high of $120.47. The business has a 50-day moving average price of $110.80 and a 200 day moving average price of $108.53.

Canadian Tire Company Profile

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products.