GreenFirst Forest Products Inc. (OTCMKTS:ICLTF) Short Interest Up 353.3% in December

GreenFirst Forest Products Inc. (OTCMKTS:ICLTF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 6,800 shares, an increase of 353.3% from the November 30th total of 1,500 shares. Based on an average daily volume of 39,100 shares, the days-to-cover ratio is currently 0.2 days.

GreenFirst Forest Products Price Performance

ICLTF stock traded down C$0.14 during midday trading on Friday, hitting C$3.85. 18,054 shares of the company’s stock were exchanged, compared to its average volume of 10,525. The firm has a 50 day moving average price of C$4.32 and a 200-day moving average price of C$1.74. GreenFirst Forest Products has a 12-month low of C$2.01 and a 12-month high of C$7.33.

About GreenFirst Forest Products

GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.