CKX Lands, Inc. (NYSEAMERICAN:CKX) Sees Large Decrease in Short Interest

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 882 shares, a decline of 45.1% from the April 30th total of 1,608 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 22,708 shares, the days-to-cover ratio is presently 0.0 days.

CKX Lands Stock Performance

NYSEAMERICAN:CKX traded down $0.04 on Tuesday, hitting $10.26. 456 shares of the stock were exchanged, compared to its average volume of 14,009. The stock has a market capitalization of $21.03 million, a price-to-earnings ratio of 7.13 and a beta of -0.09. CKX Lands has a 52 week low of $8.66 and a 52 week high of $13.25. The company’s 50-day moving average price is $10.64 and its 200 day moving average price is $10.33.

CKX Lands (NYSEAMERICAN:CKX) last announced its quarterly earnings data on Friday, May 8th. The financial services provider reported $0.03 earnings per share for the quarter. The firm had revenue of $0.17 million during the quarter. CKX Lands had a return on equity of 14.65% and a net margin of 445.47%.

Institutional Trading of CKX Lands

A hedge fund recently raised its stake in CKX Lands stock. Susquehanna International Group LLP grew its stake in CKX Lands, Inc. (NYSEAMERICAN:CKX) by 40.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,822 shares of the financial services provider’s stock after acquiring an additional 4,519 shares during the quarter. Susquehanna International Group LLP owned 0.77% of CKX Lands worth $176,000 at the end of the most recent quarter. 16.13% of the stock is currently owned by institutional investors.

About CKX Lands

CKX Lands Corp is a Canada-based provider of land management and real estate advisory services focused on agricultural and rural properties. The company specializes in the acquisition, disposition and leasing of farmland and ranchland across Western Canada, with particular emphasis on key agricultural regions in Alberta, Saskatchewan and Manitoba. By combining local market expertise with a network of land professionals, CKX Lands assists landowners, producers and institutional investors in navigating the complexities of rural real estate transactions.

The firm’s core services include land brokerage, valuation and consulting, offering tailored solutions that address property due diligence, title review and land-use planning.