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

Capital Power Co. (OTCMKTS:CPXWF) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 3,527,700 shares, a growth of 40.2% from the September 15th total of 2,516,200 shares. Based on an average daily trading volume, of 24,500 shares, the days-to-cover ratio is presently 144.0 days.

Capital Power Stock Performance

Capital Power stock opened at $37.00 on Tuesday. The company has a 50-day moving average price of $34.37 and a 200 day moving average price of $30.44. Capital Power has a 12-month low of $24.66 and a 12-month high of $38.00.

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.