Short Interest in Canfor Co. (OTCMKTS:CFPZF) Expands By 18.4%

Canfor Co. (OTCMKTS:CFPZF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 361,000 shares, an increase of 18.4% from the November 30th total of 304,800 shares. Based on an average trading volume of 19,700 shares, the days-to-cover ratio is currently 18.3 days.

Canfor Trading Down 1.3 %

Canfor stock traded down $0.14 during midday trading on Friday, reaching $10.30. The stock had a trading volume of 30,747 shares, compared to its average volume of 18,988. Canfor has a 12 month low of $9.86 and a 12 month high of $14.33. The firm’s 50-day moving average price is $11.87 and its 200 day moving average price is $11.39.

About Canfor

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.