Interfor Co. (OTCMKTS:IFSPF – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 434,400 shares, an increase of 13.9% from the December 15th total of 381,400 shares. Based on an average daily trading volume, of 16,700 shares, the days-to-cover ratio is currently 26.0 days.
Interfor Trading Up 5.4 %
Interfor stock opened at $12.68 on Monday. Interfor has a 52 week low of $9.77 and a 52 week high of $16.22. The stock has a 50 day moving average of $12.88 and a 200-day moving average of $13.11.
Wall Street Analyst Weigh In
Separately, TD Securities cut shares of Interfor from a “buy” rating to a “hold” rating in a research note on Friday, October 18th.
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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