Cineplex Inc. (OTCMKTS:CPXGF) Sees Large Growth in Short Interest

Cineplex Inc. (OTCMKTS:CPXGF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 554,200 shares, a growth of 14.9% from the December 31st total of 482,500 shares. Based on an average daily volume of 83,600 shares, the short-interest ratio is currently 6.6 days.

Cineplex Trading Down 1.7 %

CPXGF opened at $7.61 on Friday. Cineplex has a twelve month low of $5.21 and a twelve month high of $9.32. The company has a fifty day moving average of $8.27 and a 200-day moving average of $7.70.

About Cineplex

Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.