Cineplex Inc. (OTCMKTS:CPXGF) Short Interest Update

Cineplex Inc. (OTCMKTS:CPXGFGet Free Report) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 415,800 shares, a growth of 37.7% from the October 31st total of 302,000 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is currently 16.9 days.

Cineplex Trading Up 3.4 %

Shares of Cineplex stock opened at $7.78 on Friday. Cineplex has a 12 month low of $5.21 and a 12 month high of $8.20. The business’s 50-day moving average price is $7.54 and its 200-day moving average price is $6.92.

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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