Cineplex Inc. (OTCMKTS:CPXGF) Sees Significant Growth in Short Interest

Cineplex Inc. (OTCMKTS:CPXGF) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 440,300 shares, a growth of 5.9% from the November 15th total of 415,800 shares. Based on an average daily trading volume, of 29,600 shares, the days-to-cover ratio is currently 14.9 days.

Cineplex Price Performance

Shares of CPXGF stock opened at $9.03 on Monday. Cineplex has a 1 year low of $5.21 and a 1 year high of $9.19. The company’s fifty day simple moving average is $7.72 and its two-hundred day simple moving average is $7.12.

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.