Canfor Co. (OTCMKTS:CFPZF) Short Interest Update

Canfor Co. (OTCMKTS:CFPZF) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 976,600 shares, an increase of 21.1% from the February 28th total of 806,200 shares. Based on an average trading volume of 18,400 shares, the days-to-cover ratio is presently 53.1 days.

Canfor Trading Up 1.4 %

Shares of Canfor stock opened at $10.76 on Thursday. Canfor has a twelve month low of $9.76 and a twelve month high of $13.01. The company has a 50-day simple moving average of $10.56 and a two-hundred day simple moving average of $11.33.

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.