Cineplex Inc. (OTCMKTS:CPXGF) Short Interest Up 36.8% in March

Cineplex Inc. (OTCMKTS:CPXGF) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,151,200 shares, a growth of 36.8% from the February 28th total of 841,300 shares. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is presently 58.1 days.

Cineplex Stock Performance

Shares of CPXGF opened at $6.89 on Tuesday. Cineplex has a 12 month low of $5.21 and a 12 month high of $9.32. The stock has a fifty day moving average price of $7.37 and a 200 day moving average price of $7.74.

About Cineplex

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.