Capital Power Co. (OTCMKTS:CPXWF) Sees Significant Decline in Short Interest

Capital Power Co. (OTCMKTS:CPXWF) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 2,267,400 shares, a drop of 35.7% from the September 30th total of 3,527,700 shares. Based on an average daily trading volume, of 24,300 shares, the short-interest ratio is presently 93.3 days.

Capital Power Stock Performance

OTCMKTS CPXWF opened at $36.44 on Friday. Capital Power has a one year low of $24.66 and a one year high of $38.00. The company’s 50 day moving average price is $35.39 and its 200 day moving average price is $31.00.

Capital Power Company Profile

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.