Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 33,600 shares, a growth of 290.7% from the March 31st total of 8,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 8.2 days.
Canoe EIT Income Fund Price Performance
OTCMKTS:ENDTF remained flat at C$10.68 during trading hours on Friday. The company had a trading volume of 448 shares, compared to its average volume of 2,546. The company has a market cap of C$1.28 billion and a price-to-earnings ratio of 3.03. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91. The company has a 50 day moving average of C$10.50 and a two-hundred day moving average of C$10.72. Canoe EIT Income Fund has a 12 month low of C$8.06 and a 12 month high of C$11.75.
Canoe EIT Income Fund Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 24th will be issued a dividend of $0.0703 per share. This is a positive change from Canoe EIT Income Fund's previous dividend of $0.07. The ex-dividend date is Wednesday, April 23rd. This represents a dividend yield of 7.9%. Canoe EIT Income Fund's payout ratio is presently 17.05%.
Canoe EIT Income Fund Company Profile
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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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