Capital Power Co. (OTCMKTS:CPXWF) Short Interest Update

Capital Power Co. (OTCMKTS:CPXWF) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 1,765,600 shares, a decrease of 22.1% from the October 15th total of 2,267,400 shares. Based on an average daily trading volume, of 22,800 shares, the days-to-cover ratio is presently 77.4 days.

Capital Power Stock Performance

Shares of CPXWF traded down $1.24 during trading hours on Friday, hitting $40.80. 20,500 shares of the company were exchanged, compared to its average volume of 25,063. Capital Power has a fifty-two week low of $24.66 and a fifty-two week high of $42.06. The firm’s fifty day moving average is $37.53 and its 200 day moving average is $32.44.

About Capital Power

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.