Conifex Timber Inc. (OTCMKTS:CFXTF) Short Interest Down 95.8% in June

Conifex Timber Inc. (OTCMKTS:CFXTF) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 200 shares, a decline of 95.8% from the June 15th total of 4,800 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 0.3 days.

Conifex Timber Price Performance

CFXTF remained flat at $0.28 during midday trading on Friday. Conifex Timber has a 52 week low of $0.06 and a 52 week high of $0.51. The firm has a fifty day moving average of $0.40 and a 200 day moving average of $0.45.

About Conifex Timber

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.