Short Interest in Cineplex Inc. (OTCMKTS:CPXGF) Rises By 15.0%

Cineplex Inc. (OTCMKTS:CPXGF) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 677,600 shares, an increase of 15.0% from the January 15th total of 589,100 shares. Based on an average trading volume of 20,600 shares, the short-interest ratio is currently 32.9 days.

Cineplex Trading Down 2.5 %

Shares of OTCMKTS:CPXGF traded down $0.21 during midday trading on Monday, hitting $7.97. 42,152 shares of the company’s stock were exchanged, compared to its average volume of 36,081. The stock has a 50 day moving average price of $8.19 and a 200-day moving average price of $7.82. Cineplex has a 12 month low of $5.21 and a 12 month high of $9.32.

Cineplex Company Profile

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.