Short Interest in Canfor Co. (OTCMKTS:CFPZF) Increases By 39.9%

Canfor Co. (OTCMKTS:CFPZF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 177,000 shares, a growth of 39.9% from the May 31st total of 126,500 shares. Based on an average trading volume of 9,500 shares, the days-to-cover ratio is presently 18.6 days.

Canfor Stock Down 1.6 %

Shares of CFPZF stock traded down $0.18 on Monday, hitting $10.65. 733 shares of the stock were exchanged, compared to its average volume of 17,626. The business has a 50-day moving average of $10.91 and a 200 day moving average of $11.89. Canfor has a fifty-two week low of $9.87 and a fifty-two week high of $17.85.

About Canfor

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.