Canfor Pulp Products Inc. (OTCMKTS:CFPUF) Short Interest Down 55.1% in February

Canfor Pulp Products Inc. (OTCMKTS:CFPUF) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 60,570 shares, a decrease of 55.1% from the February 12th total of 135,026 shares. Based on an average daily trading volume, of 2,889 shares, the short-interest ratio is presently 21.0 days. Based on an average daily trading volume, of 2,889 shares, the short-interest ratio is presently 21.0 days.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial lowered Canfor Pulp Products from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 14th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Canfor Pulp Products Stock Up 0.3%

CFPUF opened at $0.39 on Friday. Canfor Pulp Products has a 12 month low of $0.22 and a 12 month high of $0.55. The company has a 50 day moving average of $0.43 and a 200 day moving average of $0.36.

About Canfor Pulp Products

Canfor Pulp Products Inc is a Canada-based pulp manufacturing company and a wholly owned subsidiary of Canfor Corporation. Headquartered in Vancouver, British Columbia, the company specializes in the production of bleached softwood kraft pulp. Established in 2005 and publicly listed in 2006, Canfor Pulp Products has built a reputation for delivering high-strength, premium-quality pulp to paper, tissue and specialty product manufacturers around the world.

Operating four kraft pulp mills in British Columbia and Alberta, Canfor Pulp Products leverages integrated production facilities and in‐house research and development to optimize fiber properties and resource utilization.