Canfor Pulp Products Inc. (OTCMKTS:CFPUF) Sees Significant Drop in Short Interest

Canfor Pulp Products Inc. (OTCMKTS:CFPUF) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 133,600 shares, a drop of 16.1% from the March 31st total of 159,200 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is currently 20.2 days.

Canfor Pulp Products Price Performance

CFPUF stock opened at $0.54 on Monday. The stock’s 50 day simple moving average is $0.51 and its 200 day simple moving average is $0.56. Canfor Pulp Products has a 12-month low of $0.48 and a 12-month high of $1.21.

About Canfor Pulp Products

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.