Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 9,200 shares, a decrease of 17.1% from the January 31st total of 11,100 shares. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is presently 1.5 days.
Canoe EIT Income Fund Stock Performance
OTCMKTS ENDTF remained flat at C$10.48 during trading hours on Friday. 309 shares of the company's stock were exchanged, compared to its average volume of 2,926. The firm has a fifty day moving average price of C$10.65 and a 200-day moving average price of C$10.72. Canoe EIT Income Fund has a 52 week low of C$8.06 and a 52 week high of C$11.75. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market capitalization of C$1.25 billion and a PE ratio of 2.98.
Canoe EIT Income Fund Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, March 14th. Shareholders of record on Tuesday, February 25th will be given a $0.0698 dividend. The ex-dividend date is Monday, February 24th. This represents a yield of 7.68%. This is a boost from Canoe EIT Income Fund's previous dividend of $0.07. Canoe EIT Income Fund's dividend payout ratio is presently 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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