Cineplex Inc. (OTCMKTS:CPXGF) Sees Large Increase in Short Interest

Cineplex Inc. (OTCMKTS:CPXGF) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 2,507,100 shares, an increase of 13.9% from the June 15th total of 2,200,800 shares. Based on an average trading volume of 39,400 shares, the days-to-cover ratio is presently 63.6 days.

Cineplex Stock Performance

Shares of OTCMKTS:CPXGF traded down $0.08 during trading on Tuesday, reaching $6.19. 27,346 shares of the company traded hands, compared to its average volume of 19,284. Cineplex has a 52 week low of $5.21 and a 52 week high of $7.24. The company’s 50 day moving average is $5.86 and its two-hundred day moving average is $5.89.

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.