Acadian Timber Corp. (OTCMKTS:ACAZF) Short Interest Update

Acadian Timber Corp. (OTCMKTS:ACAZF) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 11,900 shares, an increase of 22.7% from the December 15th total of 9,700 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 3.3 days.

Acadian Timber Stock Down 0.6 %

Shares of ACAZF opened at $11.90 on Friday. The firm’s fifty day simple moving average is $12.49 and its two-hundred day simple moving average is $12.74. Acadian Timber has a 12 month low of $11.66 and a 12 month high of $14.18.

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.