Canfor Co. (OTCMKTS:CFPZF) Short Interest Update

Canfor Co. (OTCMKTS:CFPZF) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 764,800 shares, a growth of 32.3% from the January 31st total of 578,100 shares. Based on an average daily volume of 45,200 shares, the days-to-cover ratio is presently 16.9 days.

Canfor Stock Performance

Shares of CFPZF traded down $0.60 on Tuesday, reaching $9.91. 17,461 shares of the stock traded hands, compared to its average volume of 29,458. The stock’s 50-day moving average price is $10.52 and its 200-day moving average price is $11.36. Canfor has a 12 month low of $9.76 and a 12 month high of $13.01.

Canfor Company Profile

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.