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

Cogeco Communications Inc. (OTCMKTS:CGEAF) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 799,800 shares, an increase of 5.1% from the January 15th total of 761,300 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is presently 106.6 days.

Cogeco Communications Stock Performance

Shares of CGEAF stock remained flat at $44.64 on Monday. 462 shares of the company were exchanged, compared to its average volume of 11,578. The stock’s 50-day simple moving average is $45.60 and its two-hundred day simple moving average is $47.85. Cogeco Communications has a 1 year low of $37.50 and a 1 year high of $52.00.

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.