Keweenaw Land Association, Limited (OTCMKTS:KEWL – Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 59 shares, a drop of 89.4% from the August 31st total of 554 shares. Based on an average daily volume of 237 shares, the short-interest ratio is presently 0.2 days.
Keweenaw Land Association Price Performance
KEWL traded down $3.47 during trading on Thursday, reaching $80.66. The company’s stock had a trading volume of 169 shares, compared to its average volume of 415. The company’s fifty day moving average price is $71.33 and its 200-day moving average price is $59.29. Keweenaw Land Association has a 52-week low of $28.00 and a 52-week high of $84.13.
Keweenaw Land Association Company Profile
Keweenaw Land Association, Ltd. is a timberland and natural-resources company focused primarily on owning and managing forestland in Michigan’s Upper Peninsula. The company’s activities include sustainable forest management, timber harvesting, and the sale of hardwood and softwood sawtimber and pulpwood to regional forest-products markets.
In addition to its timber operations, Keweenaw Land Association has historically generated revenue from related land uses, including mineral rights, leases, and recreational access arrangements.
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