Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 7,900 shares, a growth of 154.8% from the March 15th total of 3,100 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 9.9 days.
Canoe EIT Income Fund Price Performance
Shares of Canoe EIT Income Fund stock remained flat at C$10.22 on Thursday. 848 shares of the stock were exchanged, compared to its average volume of 1,549. Canoe EIT Income Fund has a 1 year low of C$8.76 and a 1 year high of C$10.22. The business has a 50 day moving average of C$9.93 and a 200 day moving average of C$9.58. The stock has a market cap of C$1.22 billion and a price-to-earnings ratio of 2.90. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 29.91.
Canoe EIT Income Fund Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 22nd will be given a dividend of $0.0737 per share. This represents a dividend yield of 8.8%. The ex-dividend date of this dividend is Thursday, March 21st. Canoe EIT Income Fund's dividend payout ratio is currently 17.05%.
About Canoe EIT Income Fund
(
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Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.
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