Canoe EIT Income Fund (OTCMKTS:ENDTF) Sees Large Decrease in Short Interest

Canoe EIT Income Fund (OTCMKTS:ENDTF) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 9,106 shares, a decline of 75.7% from the April 15th total of 37,457 shares. Based on an average daily volume of 19,742 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

Canoe EIT Income Fund Price Performance

ENDTF stock remained flat at C$12.47 during midday trading on Wednesday. The company’s stock had a trading volume of 1,512 shares, compared to its average volume of 26,329. The company’s 50-day moving average is C$12.13 and its 200-day moving average is C$11.78. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91. Canoe EIT Income Fund has a twelve month low of C$10.30 and a twelve month high of C$12.58. The stock has a market cap of C$1.49 billion and a PE ratio of 3.54.

About Canoe EIT Income Fund

Canoe EIT Income Fund (OTCMKTS: ENDTF) is a closed-end investment fund established to provide investors with regular income and the potential for long-term capital growth. The fund primarily holds equity and fixed-income securities, with a focus on Canadian companies that generate stable cash flows. By investing across a diversified portfolio of sectors—including energy infrastructure, utilities, real estate and financial services—the fund seeks to balance income generation with moderate growth prospects.

The portfolio is actively managed by Canoe Financial, an independent Canadian asset manager headquartered in Toronto.