Cineplex Inc. (OTCMKTS:CPXGF) Short Interest Down 14.7% in May

Cineplex Inc. (OTCMKTS:CPXGFGet Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 2,037,900 shares, a decrease of 14.7% from the April 30th total of 2,387,700 shares. Based on an average trading volume of 37,500 shares, the days-to-cover ratio is presently 54.3 days.

Cineplex Stock Performance

Cineplex stock opened at $5.76 on Friday. Cineplex has a 1-year low of $5.27 and a 1-year high of $7.40. The stock’s fifty day moving average is $5.93 and its two-hundred day moving average is $6.02.

Cineplex Company Profile

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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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