Canfor Co. (OTCMKTS:CFPZF) Short Interest Up 44.6% in December

Canfor Co. (OTCMKTS:CFPZF) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 521,900 shares, an increase of 44.6% from the December 15th total of 361,000 shares. Based on an average daily trading volume, of 17,100 shares, the short-interest ratio is currently 30.5 days.

Canfor Trading Up 2.4 %

Shares of CFPZF traded up $0.26 during trading hours on Friday, hitting $10.85. The stock had a trading volume of 21,892 shares, compared to its average volume of 19,687. The company’s fifty day simple moving average is $11.38 and its 200 day simple moving average is $11.36. Canfor has a 12-month low of $9.86 and a 12-month high of $13.08.

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.