Short Interest in Interfor Co. (OTCMKTS:IFSPF) Expands By 43.3%

Interfor Co. (OTCMKTS:IFSPF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 700,400 shares, an increase of 43.3% from the February 28th total of 488,600 shares. Based on an average trading volume of 52,600 shares, the short-interest ratio is presently 13.3 days.

Wall Street Analyst Weigh In

Separately, Scotiabank reissued an “outperform” rating on shares of Interfor in a report on Monday, February 3rd.

Interfor Stock Down 0.7 %

OTCMKTS IFSPF traded down $0.07 during trading on Tuesday, hitting $10.35. The company had a trading volume of 10,794 shares, compared to its average volume of 27,812. Interfor has a one year low of $9.77 and a one year high of $16.08. The company’s fifty day moving average is $11.37 and its 200-day moving average is $12.83.

About Interfor

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.