Keweenaw Land Association, Limited (OTCMKTS:KEWL) Shares Shorted: Short Interest Down 50.8% in September

Keweenaw Land Association, Limited (OTCMKTS:KEWL) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 29 shares, a decline of 50.8% from the September 15th total of 59 shares. Based on an average daily trading volume, of 591 shares, the days-to-cover ratio is presently 0.0 days.

Keweenaw Land Association Stock Performance

Shares of KEWL remained flat at $75.00 during mid-day trading on Friday. The stock had a trading volume of 40 shares, compared to its average volume of 412. The firm’s 50-day moving average price is $75.28 and its 200 day moving average price is $62.08. Keweenaw Land Association has a fifty-two week low of $28.00 and a fifty-two week high of $88.00.

About Keweenaw Land Association

Keweenaw Land Association, Limited is a natural-resource and land-management company focused on owning and managing forestland in Michigan’s Upper Peninsula. Its principal activities include timberland stewardship, forest management, and the sale of forest products such as hardwood and softwood sawlogs and pulpwood.

The company also generates value from its landholdings through recreational leasing and other property-related activities. Its portfolio may support hunting, fishing, and other outdoor uses, as well as mineral and real estate interests associated with its properties.

Keweenaw Land Association’s operations are concentrated in the Upper Peninsula of Michigan, where it has a long history as a private timberland owner and manager.