Short Interest in Canfor Co. (OTCMKTS:CFPZF) Rises By 32.3%

Canfor Co. (OTCMKTS:CFPZF) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 764,800 shares, a growth of 32.3% from the January 31st total of 578,100 shares. Based on an average trading volume of 45,200 shares, the days-to-cover ratio is presently 16.9 days.

Canfor Stock Up 2.5 %

Canfor stock opened at $10.16 on Wednesday. The stock’s 50 day moving average is $10.52 and its 200 day moving average is $11.36. Canfor has a one year low of $9.76 and a one year high of $13.01.

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.