Cineplex Inc. (OTCMKTS:CPXGF) Short Interest Up 36.8% in March

Cineplex Inc. (OTCMKTS:CPXGF) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 1,151,200 shares, an increase of 36.8% from the February 28th total of 841,300 shares. Based on an average daily volume of 19,800 shares, the short-interest ratio is presently 58.1 days.

Cineplex Price Performance

Cineplex stock traded up $0.00 during midday trading on Monday, reaching $6.92. 113,478 shares of the stock traded hands, compared to its average volume of 34,190. Cineplex has a 12 month low of $5.21 and a 12 month high of $9.32. The stock’s fifty day moving average is $7.38 and its 200-day moving average is $7.75.

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.