Interfor Co. (OTCMKTS:IFSPF – Get Free Report) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 700,400 shares, a growth of 43.3% from the February 28th total of 488,600 shares. Based on an average trading volume of 52,600 shares, the short-interest ratio is presently 13.3 days.
Interfor Stock Down 4.9 %
IFSPF stock traded down $0.53 during midday trading on Friday, hitting $10.32. The company’s stock had a trading volume of 23,298 shares, compared to its average volume of 27,935. The company’s fifty day moving average price is $11.41 and its 200 day moving average price is $12.84. Interfor has a twelve month low of $9.77 and a twelve month high of $16.08.
Analyst Upgrades and Downgrades
Separately, Scotiabank reaffirmed an “outperform” rating on shares of Interfor in a research note on Monday, February 3rd.
About Interfor
Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.
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