Canfor Pulp Products Inc. (OTCMKTS:CFPUF) Sees Significant Decline in Short Interest

Canfor Pulp Products Inc. (OTCMKTS:CFPUF) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 148,400 shares, a drop of 10.5% from the June 30th total of 165,900 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 742.0 days.

Canfor Pulp Products Stock Performance

OTCMKTS CFPUF remained flat at $0.75 on Wednesday. The business has a fifty day moving average price of $0.96 and a 200-day moving average price of $1.11. Canfor Pulp Products has a one year low of $0.72 and a one year high of $1.61.

About Canfor Pulp Products

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.