Short Interest in Canfor Co. (OTCMKTS:CFPZF) Declines By 9.6%

Canfor Co. (OTCMKTS:CFPZF) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 301,300 shares, a decline of 9.6% from the October 31st total of 333,300 shares. Based on an average daily trading volume, of 24,700 shares, the days-to-cover ratio is presently 12.2 days.

Canfor Stock Performance

CFPZF remained flat at $12.84 during trading on Friday. 12,206 shares of the company traded hands, compared to its average volume of 19,123. The stock has a 50-day moving average price of $12.38 and a 200-day moving average price of $11.39. Canfor has a 52 week low of $9.86 and a 52 week high of $14.33.

About Canfor

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.