Cogeco Communications Inc. (OTCMKTS:CGEAF) Short Interest Update

Cogeco Communications Inc. (OTCMKTS:CGEAF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 978,200 shares, an increase of 12.8% from the August 31st total of 867,500 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is presently 120.8 days.

Cogeco Communications Stock Up 0.5 %

Shares of OTCMKTS:CGEAF traded up $0.24 during mid-day trading on Monday, hitting $51.94. The stock had a trading volume of 16,200 shares, compared to its average volume of 9,198. Cogeco Communications has a 12-month low of $37.15 and a 12-month high of $51.95. The company’s 50 day moving average is $47.45 and its 200-day moving average is $43.08.

Cogeco Communications Company Profile

Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.