Capital Power Co. (OTCMKTS:CPXWF) Sees Large Growth in Short Interest

Capital Power Co. (OTCMKTS:CPXWF) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 2,204,300 shares, a growth of 7.8% from the December 15th total of 2,044,100 shares. Based on an average daily trading volume, of 23,200 shares, the days-to-cover ratio is currently 95.0 days.

Capital Power Stock Performance

OTCMKTS CPXWF traded up $1.65 on Friday, reaching $42.44. 213,475 shares of the stock traded hands, compared to its average volume of 64,631. Capital Power has a 12 month low of $24.66 and a 12 month high of $48.05. The firm’s fifty day simple moving average is $43.31 and its 200 day simple moving average is $37.28.

About Capital Power

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.