Acadian Timber Corp. (OTCMKTS:ACAZF) Short Interest Up 22.7% in January

Acadian Timber Corp. (OTCMKTS:ACAZF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 11,900 shares, an increase of 22.7% from the December 31st total of 9,700 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 3.3 days.

Acadian Timber Stock Down 0.4 %

Shares of ACAZF opened at $12.10 on Friday. Acadian Timber has a twelve month low of $11.66 and a twelve month high of $14.18. The stock’s fifty day simple moving average is $12.36 and its 200 day simple moving average is $12.71.

Acadian Timber Company Profile

Acadian Timber Corp. supplies primary forest products in Eastern Canada and the Northeastern United States. The company operates in two segments, NB Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. The company owns and manages freehold timberlands in New Brunswick and Maine; and provides timber services relating to Crown licensed timberlands in New Brunswick.