Acadian Timber Corp. (OTCMKTS:ACAZF) Short Interest Down 37.0% in December

Acadian Timber Corp. (OTCMKTS:ACAZF) was the recipient of a significant decrease in short interest during 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 trading volume, of 3,300 shares, the days-to-cover ratio is currently 2.9 days.

Acadian Timber Trading Down 0.2 %

Shares of OTCMKTS ACAZF opened at $12.40 on Friday. Acadian Timber has a fifty-two week low of $11.66 and a fifty-two week high of $14.18. The business’s 50 day moving average price is $12.73 and its 200-day moving average price is $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.