Short Interest in Cineplex Inc. (OTCMKTS:CPXGF) Expands By 14.9%

Cineplex Inc. (OTCMKTS:CPXGFGet Free Report) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 554,200 shares, a growth of 14.9% from the December 31st total of 482,500 shares. Based on an average daily volume of 83,600 shares, the days-to-cover ratio is currently 6.6 days.

Cineplex Trading Down 1.7 %

Shares of OTCMKTS:CPXGF opened at $7.61 on Monday. The company has a 50-day simple moving average of $8.27 and a 200 day simple moving average of $7.72. Cineplex has a 52-week low of $5.21 and a 52-week high of $9.32.

About Cineplex

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Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.

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