Short Interest in Canfor Co. (OTCMKTS:CFPZF) Grows By 21.3%

Canfor Co. (OTCMKTS:CFPZF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 171,700 shares, a growth of 21.3% from the March 31st total of 141,600 shares. Based on an average daily trading volume, of 15,400 shares, the short-interest ratio is presently 11.1 days.

Canfor Stock Performance

CFPZF stock opened at $10.46 on Tuesday. The business has a fifty day simple moving average of $11.89 and a 200-day simple moving average of $12.06. Canfor has a 52 week low of $9.87 and a 52 week high of $18.07.

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.