Canfor Co. (OTCMKTS:CFPZF) Sees Large Growth in Short Interest

Canfor Co. (OTCMKTS:CFPZF) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 171,700 shares, a growth of 21.3% from the March 31st total of 141,600 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is currently 11.1 days.

Canfor Stock Performance

Shares of OTCMKTS CFPZF remained flat at $10.46 during midday trading on Tuesday. The stock had a trading volume of 5,796 shares, compared to its average volume of 19,579. Canfor has a 12 month low of $9.87 and a 12 month high of $18.07. The company’s 50 day simple moving average is $11.89 and its two-hundred day simple moving average is $12.06.

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.