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

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

Analyst Upgrades and Downgrades

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

Interfor Price Performance

OTCMKTS:IFSPF opened at $11.88 on Monday. Interfor has a twelve month low of $9.77 and a twelve month high of $16.22. The business’s 50-day moving average price is $12.60 and its two-hundred day moving average price is $13.15.

Interfor Company Profile

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.