It Seems AUTOCANADA INC COMMON SHARES CANADA (OTCMKTS:AOCIF) Will Go Down. Just Reported More Shorted Shares

June 18, 2018 - By Kenneth Lin

AutoCanada Inc. (OTCMKTS:AOCIF) Logo

The stock of AUTOCANADA INC COMMON SHARES CANADA (OTCMKTS:AOCIF) registered an increase of 6.89% in short interest. AOCIF’s total short interest was 86,900 shares in June as published by FINRA. Its up 6.89% from 81,300 shares, reported previously. The short interest to AUTOCANADA INC COMMON SHARES CANADA’s float is 0.36%.

It closed at $13.35 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

AutoCanada Inc., through its subsidiaries, operates franchised automobile dealerships in Canada. The company has market cap of $283.77 million. It offers a range of automotive services and products, including new vehicles, used vehicles, parts, and collision repair services; and facilitates the sale of third party finance and insurance products, extended warranties, and replacement and after-market automotive products. It has a 8.19 P/E ratio. The firm sells its new vehicles under the Chrysler, Dodge, Jeep, Ram, Fiat, Chevrolet, GMC, Buick, Cadillac, Hyundai, Kia, Nissan, Infiniti, Volkswagen, Audi, BMW, MINI, Mitsubishi, and Subaru brands.

Another recent and important AutoCanada Inc. (OTCMKTS:AOCIF) news was published by which published an article titled: “AutoCanada Still Isn’t A Compelling Buy” on June 15, 2018.

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