Short Interest in Capital Power Co. (OTCMKTS:CPXWF) Increases By 38.7%

Capital Power Co. (OTCMKTS:CPXWF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 1,927,400 shares, an increase of 38.7% from the February 28th total of 1,389,700 shares. Based on an average trading volume of 40,500 shares, the days-to-cover ratio is currently 47.6 days.

Capital Power Stock Performance

CPXWF opened at $33.36 on Tuesday. Capital Power has a 12-month low of $24.66 and a 12-month high of $48.05. The stock has a fifty day moving average of $35.77 and a 200-day moving average of $38.95.

About Capital Power

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.