Cineplex Inc. (OTCMKTS:CPXGF) Short Interest Update

Cineplex Inc. (OTCMKTS:CPXGF) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,185,900 shares, a decline of 24.6% from the August 15th total of 1,572,000 shares. Based on an average trading volume of 20,400 shares, the short-interest ratio is currently 58.1 days.

Cineplex Price Performance

Shares of Cineplex stock traded down $0.08 on Tuesday, reaching $7.82. The company had a trading volume of 16,300 shares, compared to its average volume of 21,005. The firm’s 50 day moving average price is $7.15 and its two-hundred day moving average price is $6.27. Cineplex has a 52-week low of $5.21 and a 52-week high of $8.15.

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.