Capital Power Co. (OTCMKTS:CPXWF) Sees Significant Increase in Short Interest

Capital Power Co. (OTCMKTS:CPXWF) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,036,100 shares, a growth of 15.3% from the October 31st total of 1,765,600 shares. Based on an average daily volume of 23,400 shares, the days-to-cover ratio is presently 87.0 days.

Capital Power Stock Performance

OTCMKTS CPXWF traded down $1.19 on Friday, hitting $44.19. 16,728 shares of the company’s stock traded hands, compared to its average volume of 25,532. The firm’s 50-day moving average price is $39.23 and its two-hundred day moving average price is $33.66. Capital Power has a 1-year low of $24.66 and a 1-year high of $45.38.

About Capital Power

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.