Canfor Co. (OTCMKTS:CFPZF) Sees Significant Growth in Short Interest

Canfor Co. (OTCMKTS:CFPZF) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 238,000 shares, an increase of 11.7% from the September 30th total of 213,000 shares. Based on an average daily volume of 12,600 shares, the days-to-cover ratio is currently 18.9 days.

Canfor Stock Performance

OTCMKTS CFPZF opened at $12.06 on Thursday. Canfor has a twelve month low of $9.86 and a twelve month high of $14.33. The stock has a fifty day simple moving average of $11.78 and a 200 day simple moving average of $11.14.

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.