Acadian Timber Corp. (OTCMKTS:ACAZF) Short Interest Update

Acadian Timber Corp. (OTCMKTS:ACAZF) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 9,700 shares, a decrease of 37.0% from the November 30th total of 15,400 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is currently 2.9 days.

Acadian Timber Trading Down 0.2 %

Shares of ACAZF opened at $12.40 on Friday. Acadian Timber has a 52-week low of $11.66 and a 52-week high of $14.18. The company has a 50-day simple moving average of $12.73 and a 200-day simple moving average of $12.78.

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.