Canfor Co. (OTCMKTS:CFPZF) Short Interest Update

Canfor Co. (OTCMKTS:CFPZF) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 301,300 shares, a drop of 9.6% from the October 31st total of 333,300 shares. Based on an average trading volume of 24,700 shares, the short-interest ratio is currently 12.2 days.

Canfor Stock Performance

Canfor stock remained flat at $12.84 during trading on Friday. The company had a trading volume of 12,206 shares, compared to its average volume of 19,123. The business’s 50 day moving average is $12.38 and its 200-day moving average is $11.39. Canfor has a one year low of $9.86 and a one year high of $14.33.

About Canfor

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.