Cogeco Communications Inc. ( OTCMKTS:CGEAF – Get Rating ) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 448,700 shares, a drop of 33.6% from the May 15th total of 676,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 4,487.0 days. Analyst Upgrades and Downgrades Several equities analysts have recently issued reports on the stock. CIBC lowered their target price on shares of Cogeco Communications from C$79.

https://www.dailypolitical.com/2023/06/16/cogeco-communications-inc-otcmktscgeaf-sees-significant-drop-in-short-interest.html

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