Cineplex Inc. (OTCMKTS:CPXGF) Short Interest Update

Cineplex Inc. (OTCMKTS:CPXGFGet Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 481,800 shares, a growth of 10.3% from the August 15th total of 436,700 shares. Based on an average daily trading volume, of 3,500 shares, the days-to-cover ratio is presently 137.7 days.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada lifted their price objective on shares of Cineplex from C$14.00 to C$15.00 in a research note on Friday, August 11th. Scotiabank lifted their price objective on shares of Cineplex from C$11.00 to C$11.50 in a research note on Friday, August 11th.

View Our Latest Research Report on CPXGF

Cineplex Price Performance

Shares of OTCMKTS CPXGF traded down $0.14 during midday trading on Monday, reaching $5.90. 2,800 shares of the company traded hands, compared to its average volume of 4,413. Cineplex has a 52 week low of $5.40 and a 52 week high of $7.92. The stock has a 50-day moving average price of $6.49 and a 200 day moving average price of $6.63.

Cineplex Company Profile

(Get Free Report)

Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through four segments: Film Entertainment and Content, Media, Amusement and Leisure, and Location-Based Entertainment. The company engages in theatre exhibition and theatre food service activities.

Further Reading

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