Cascades Inc. (OTCMKTS:CADNF) Short Interest Update

Cascades Inc. (OTCMKTS:CADNF) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 920,400 shares, a decline of 20.3% from the January 15th total of 1,154,400 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is presently 129.6 days.

Cascades Stock Performance

OTCMKTS CADNF remained flat at $9.08 on Friday. Cascades has a one year low of $6.50 and a one year high of $10.84. The business has a fifty day moving average price of $8.56 and a 200-day moving average price of $7.83.

Cascades Company Profile

Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards.