CKX Lands, Inc. (NYSEAMERICAN:CKX) Short Interest Up 272.7% in August

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 4,100 shares, a growth of 272.7% from the August 15th total of 1,100 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 2.1 days.

CKX Lands Price Performance

CKX stock traded up $0.36 on Friday, hitting $13.57. 849 shares of the company’s stock traded hands, compared to its average volume of 2,168. The firm has a market cap of $27.55 million, a PE ratio of 97.50 and a beta of 0.01. CKX Lands has a 1-year low of $12.11 and a 1-year high of $14.44.

CKX Lands (NYSEAMERICAN:CKX) last announced its earnings results on Monday, August 12th. The financial services provider reported $0.20 EPS for the quarter. The business had revenue of $1.03 million during the quarter. CKX Lands had a return on equity of 1.65% and a net margin of 20.87%.

About CKX Lands

CKX Lands, Inc engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting.