Canadian Utilities Limited (OTCMKTS:CDUAF) Short Interest Update

Canadian Utilities Limited (OTCMKTS:CDUAF) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 1,173,300 shares, a drop of 14.7% from the March 15th total of 1,376,300 shares. Based on an average daily volume of 7,700 shares, the short-interest ratio is presently 152.4 days.

Canadian Utilities Stock Up 1.6 %

CDUAF opened at $27.28 on Monday. Canadian Utilities has a one year low of $21.32 and a one year high of $31.73. The stock’s 50 day moving average price is $24.93 and its 200-day moving average price is $24.85.

About Canadian Utilities

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.