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

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

Acadian Timber Price Performance

Shares of Acadian Timber stock opened at $11.97 on Friday. The business has a 50-day moving average price of $12.50 and a 200 day moving average price of $12.74. Acadian Timber has a fifty-two week low of $11.66 and a fifty-two week high of $14.18.

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.