Short Interest in Interfor Co. (OTCMKTS:IFSPF) Expands By 13.9%

Interfor Co. (OTCMKTS:IFSPF) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 434,400 shares, a growth of 13.9% from the December 31st total of 381,400 shares. Based on an average trading volume of 16,700 shares, the days-to-cover ratio is currently 26.0 days.

Wall Street Analysts Forecast Growth

Separately, TD Securities lowered shares of Interfor from a “buy” rating to a “hold” rating in a research report on Friday, October 18th.

Interfor Stock Performance

OTCMKTS IFSPF opened at $11.88 on Monday. Interfor has a 12 month low of $9.77 and a 12 month high of $16.22. The company’s 50 day simple moving average is $12.60 and its 200 day simple moving average is $13.15.

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.