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

Capital Power Co. (OTCMKTS:CPXWF) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 2,044,100 shares, a decrease of 10.4% from the November 30th total of 2,280,700 shares. Based on an average daily volume of 98,800 shares, the days-to-cover ratio is presently 20.7 days.

Capital Power Stock Performance

Capital Power stock traded down $0.09 during mid-day trading on Monday, hitting $44.52. The company had a trading volume of 300 shares, compared to its average volume of 28,484. Capital Power has a 1 year low of $24.66 and a 1 year high of $48.05. The business has a fifty day moving average of $42.19 and a 200 day moving average of $36.01.

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.