Cineplex Inc. (OTCMKTS:CPXGF) Sees Large Growth in Short Interest

Cineplex Inc. (OTCMKTS:CPXGF) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 415,800 shares, a growth of 37.7% from the October 31st total of 302,000 shares. Based on an average trading volume of 24,600 shares, the days-to-cover ratio is presently 16.9 days.

Cineplex Price Performance

Shares of Cineplex stock opened at $7.78 on Friday. Cineplex has a twelve month low of $5.21 and a twelve month high of $8.20. The company’s fifty day moving average is $7.54 and its 200 day moving average is $6.92.

Cineplex Company Profile

Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.