Capital Power Co. (OTCMKTS:CPXWF) Short Interest Up 12.1% in January

Capital Power Co. (OTCMKTS:CPXWF) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,520,300 shares, an increase of 12.1% from the January 15th total of 1,356,200 shares. Based on an average daily trading volume, of 90,400 shares, the days-to-cover ratio is currently 16.8 days.

Capital Power Stock Performance

Shares of CPXWF stock traded up $0.80 during trading on Monday, reaching $36.73. 44,145 shares of the company’s stock traded hands, compared to its average volume of 73,259. Capital Power has a 1 year low of $24.66 and a 1 year high of $48.05. The firm’s 50-day moving average is $41.27 and its 200 day moving average is $38.52.

Capital Power Company Profile

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.