Short Interest in Canfor Co. (OTCMKTS:CFPZF) Decreases By 5.8%

Canfor Co. (OTCMKTS:CFPZF) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 578,100 shares, a drop of 5.8% from the January 15th total of 613,400 shares. Based on an average daily volume of 72,800 shares, the days-to-cover ratio is currently 7.9 days.

Canfor Price Performance

Shares of CFPZF opened at $10.52 on Thursday. The business’s 50 day moving average is $10.56 and its 200 day moving average is $11.36. Canfor has a 12-month low of $9.76 and a 12-month high of $13.01.

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.