Short Interest in Cineplex Inc. (OTCMKTS:CPXGF) Rises By 37.7%

Cineplex Inc. (OTCMKTS:CPXGF) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 415,800 shares, an increase of 37.7% from the October 31st total of 302,000 shares. Based on an average trading volume of 24,600 shares, the days-to-cover ratio is presently 16.9 days.

Cineplex Stock Performance

Shares of Cineplex stock traded up $0.26 on Friday, hitting $7.78. 5,426 shares of the company traded hands, compared to its average volume of 20,810. Cineplex has a 52 week low of $5.21 and a 52 week high of $8.20. The stock’s 50 day moving average price is $7.54 and its 200-day moving average price is $6.93.

Cineplex Company Profile

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.