Short Interest in Cascades Inc. (OTCMKTS:CADNF) Drops By 22.0%

Cascades Inc. (OTCMKTS:CADNF) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 692,900 shares, a decrease of 22.0% from the March 15th total of 888,300 shares. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is currently 76.1 days.

Cascades Price Performance

OTCMKTS:CADNF remained flat at $7.09 during mid-day trading on Monday. Cascades has a fifty-two week low of $7.00 and a fifty-two week high of $11.06. The business has a fifty day moving average price of $8.21 and a two-hundred day moving average price of $8.82.

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.