Short Interest in Canfor Co. (OTCMKTS:CFPZF) Rises By 44.6%

Canfor Co. (OTCMKTS:CFPZF) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 521,900 shares, a growth of 44.6% from the December 15th total of 361,000 shares. Based on an average trading volume of 17,100 shares, the days-to-cover ratio is presently 30.5 days.

Canfor Stock Performance

Shares of OTCMKTS:CFPZF remained flat at $10.59 during midday trading on Thursday. The company had a trading volume of 9,496 shares, compared to its average volume of 19,384. Canfor has a twelve month low of $9.86 and a twelve month high of $13.59. The stock’s 50-day moving average is $11.41 and its two-hundred day moving average is $11.37.

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.