Cineplex Inc. (OTCMKTS:CPXGF – Get Free Report) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,208,564 shares, a drop of 33.9% from the April 15th total of 3,339,386 shares. Based on an average daily volume of 60,660 shares, the days-to-cover ratio is currently 36.4 days.
Cineplex Stock Performance
Cineplex stock opened at $7.85 on Tuesday. Cineplex has a 12 month low of $6.72 and a 12 month high of $8.99. The stock has a 50-day moving average price of $7.85 and a two-hundred day moving average price of $7.85.
Cineplex Company Profile
Cineplex Inc (OTCMKTS:CPXGF) operates as a leading Canadian entertainment company specializing in motion picture exhibition and related leisure activities. Through its network of more than 160 theatres and over 1,500 screens, Cineplex delivers cinematic experiences in key markets across Canada. The company showcases major Hollywood releases alongside independent and specialty films, utilizing advanced projection and audio technologies including IMAX, UltraAVX and 4DX to enhance the audience experience.
In addition to movie exhibition, Cineplex has expanded into diversified entertainment offerings and food-and-beverage services.
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