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

Cogeco Communications Inc. (OTCMKTS:CGEAF) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 799,800 shares, a growth 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 currently 106.6 days.

Cogeco Communications Stock Performance

OTCMKTS:CGEAF opened at $44.64 on Wednesday. Cogeco Communications has a fifty-two week low of $37.50 and a fifty-two week high of $52.00. The company’s 50-day simple moving average is $45.54 and its 200-day simple moving average is $47.86.

About Cogeco Communications

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.