Capital Power Co. (OTCMKTS:CPXWF) Sees Large Drop in Short Interest

Capital Power Co. (OTCMKTS:CPXWF) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,298,100 shares, a decline of 14.6% from the January 31st total of 1,520,300 shares. Based on an average daily trading volume, of 72,100 shares, the short-interest ratio is presently 18.0 days.

Capital Power Stock Down 5.1 %

CPXWF traded down $1.76 on Friday, reaching $32.54. The company had a trading volume of 12,785 shares, compared to its average volume of 58,856. Capital Power has a fifty-two week low of $24.66 and a fifty-two week high of $48.05. The company’s fifty day moving average is $39.04 and its 200 day moving average is $38.85.

Capital Power Company Profile

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.