Short Interest in Canfor Co. (OTCMKTS:CFPZF) Rises By 18.4%

Canfor Co. (OTCMKTS:CFPZF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 361,000 shares, a growth of 18.4% from the November 30th total of 304,800 shares. Based on an average daily trading volume, of 19,700 shares, the short-interest ratio is currently 18.3 days.

Canfor Stock Up 0.8 %

Shares of OTCMKTS CFPZF traded up $0.08 during mid-day trading on Monday, hitting $10.38. The company’s stock had a trading volume of 7,867 shares, compared to its average volume of 18,934. Canfor has a one year low of $9.86 and a one year high of $14.33. The company’s fifty day simple moving average is $11.83 and its 200-day simple moving average is $11.39.

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.