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Hillsdale Investment Management Inc. Boosts Stake in Enerflex Ltd. $EFXT
Hillsdale Investment Management Inc. significantly increased its stake in Enerflex Ltd. (NYSE:EFXT) by 435.9% in the third quarter, acquiring an additional 3,824,093 shares to hold a total of 4,701,464 shares, valued at approximately $50.7 million. This makes Enerflex its ninth-largest holding, representing about 1.5% of Hillsdale’s portfolio. Despite this strong institutional interest and the stock trading near its 52-week high, analysts are divided, with an average “Moderate Buy” rating and a target price of $14.63, materially below the current share price of around $19.46.