Cogeco Communications Inc. (OTCMKTS:CGEAF) Short Interest Down 38.2% in July

Cogeco Communications Inc. (OTCMKTS:CGEAF) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 201,521 shares, a decrease of 38.2% from the July 15th total of 326,019 shares. Based on an average trading volume of 21,310 shares, the short-interest ratio is presently 9.5 days.

Cogeco Communications Stock Performance

Shares of OTCMKTS CGEAF remained flat at $43.55 on Wednesday. 25,617 shares of the company’s stock were exchanged, compared to its average volume of 11,517. The company has a 50 day moving average of $44.53 and a 200 day moving average of $47.39. Cogeco Communications has a fifty-two week low of $39.22 and a fifty-two week high of $56.01.

Cogeco Communications Company Profile

Cogeco Communications Inc is a Canadian telecommunications company that provides broadband internet, cable television and telephony services to both residential and business customers. The company’s operations are structured around two primary networks: its Canadian footprint serving markets across Ontario and Quebec, and Atlantic Broadband, its U.S. cable subsidiary operating in several states along the East Coast. Leveraging a combination of fiber-optic and hybrid fiber-coaxial infrastructure, Cogeco Communications delivers high-speed internet access, digital video, voice-over-IP and managed network solutions.

Founded in 1957 and headquartered in Montreal, Quebec, Cogeco Communications has expanded through organic growth and strategic acquisitions.