CKX Lands, Inc. (NYSEAMERICAN:CKX) Short Interest Update

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,300 shares, an increase of 116.7% from the March 31st total of 600 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

CKX Lands Stock Up 3.9 %

NYSEAMERICAN CKX traded up $0.54 on Friday, hitting $14.44. 773 shares of the stock were exchanged, compared to its average volume of 2,066. The firm has a market capitalization of $28.74 million, a price-to-earnings ratio of 206.28 and a beta of 0.05. CKX Lands has a 52-week low of $9.42 and a 52-week high of $14.44.

CKX Lands (NYSEAMERICAN:CKX) last issued its earnings results on Wednesday, March 27th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $0.69 million during the quarter. CKX Lands had a net margin of 9.63% and a return on equity of 0.79%.

Institutional Trading of CKX Lands

Large investors have recently made changes to their positions in the stock. Acuitas Investments LLC raised its holdings in shares of CKX Lands by 477.8% in the fourth quarter. Acuitas Investments LLC now owns 169,387 shares of the financial services provider’s stock valued at $2,195,000 after acquiring an additional 140,069 shares in the last quarter. PFG Investments LLC bought a new stake in shares of CKX Lands in the first quarter valued at about $167,000. Finally, Bfsg LLC bought a new stake in shares of CKX Lands in the fourth quarter valued at about $48,000. 16.13% of the stock is owned by hedge funds and other institutional investors.

About CKX Lands

CKX Lands, Inc engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting.