Canfor Co. (OTCMKTS:CFPZF) Short Interest Up 39.9% in June

Canfor Co. (OTCMKTS:CFPZF) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 177,000 shares, an increase of 39.9% from the May 31st total of 126,500 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is presently 18.6 days.

Canfor Stock Up 1.2 %

Shares of OTCMKTS:CFPZF traded up $0.12 during midday trading on Friday, reaching $10.83. 7,372 shares of the company’s stock were exchanged, compared to its average volume of 17,794. The firm’s 50 day simple moving average is $10.91 and its two-hundred day simple moving average is $11.88. Canfor has a fifty-two week low of $9.87 and a fifty-two week high of $18.07.

Canfor Company Profile

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.