Short Interest in Canfor Co. (OTCMKTS:CFPZF) Increases By 50.2%

Canfor Co. (OTCMKTS:CFPZF) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 316,700 shares, a growth of 50.2% from the July 15th total of 210,800 shares. Based on an average daily trading volume, of 13,100 shares, the short-interest ratio is currently 24.2 days.

Canfor Stock Performance

CFPZF stock traded down $0.16 during mid-day trading on Wednesday, hitting $10.89. 6,900 shares of the company were exchanged, compared to its average volume of 18,136. The firm’s 50 day simple moving average is $10.66 and its 200 day simple moving average is $11.31. Canfor has a 1-year low of $9.86 and a 1-year high of $15.27.

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.