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

Capital Power Co. (OTCMKTS:CPXWF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,927,400 shares, an increase of 38.7% from the February 28th total of 1,389,700 shares. Based on an average daily trading volume, of 40,500 shares, the days-to-cover ratio is currently 47.6 days.

Capital Power Trading Down 2.7 %

CPXWF stock opened at $33.36 on Wednesday. The firm’s fifty day simple moving average is $35.57 and its two-hundred day simple moving average is $38.93. Capital Power has a twelve month low of $24.66 and a twelve month high of $48.05.

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.