Short Interest in Canfor Co. (OTCMKTS:CFPZF) Decreases By 5.8%

Canfor Co. (OTCMKTS:CFPZF) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 578,100 shares, a decline of 5.8% from the January 15th total of 613,400 shares. Based on an average daily volume of 72,800 shares, the days-to-cover ratio is currently 7.9 days.

Canfor Trading Down 2.9 %

Shares of Canfor stock opened at $10.52 on Thursday. The stock has a 50 day moving average price of $10.56 and a 200-day moving average price of $11.36. Canfor has a one year low of $9.76 and a one year high of $13.01.

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.