Short Interest in Cogeco Communications Inc. (OTCMKTS:CGEAF) Expands By 12.8%

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

Cogeco Communications Stock Performance

OTCMKTS CGEAF opened at $51.94 on Tuesday. The company has a 50-day simple moving average of $47.59 and a two-hundred day simple moving average of $43.14. Cogeco Communications has a 12-month low of $37.15 and a 12-month high of $51.95.

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.