Conifex Timber Inc. (OTCMKTS:CFXTF – Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,800 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily trading volume, of 878 shares, the short-interest ratio is currently 3.2 days.
Conifex Timber Price Performance
Shares of Conifex Timber stock opened at $0.09 on Monday. The business’s 50 day simple moving average is $0.10 and its two-hundred day simple moving average is $0.10. Conifex Timber has a one year low of $0.04 and a one year high of $0.31.
Conifex Timber Company Profile
Conifex Timber Inc is a Canada-based integrated wood products company that specializes in the production and distribution of softwood lumber and wood chips. The company is headquartered in Vancouver, British Columbia, and operates two manufacturing facilities in Northern British Columbia near Prince George and Mackenzie. Conifex Timber’s operations encompass sawmilling, planing, kiln drying and chipping, enabling the company to deliver finished lumber products and industrial wood chips to a broad customer base.
The company’s primary products include dimension lumber used in residential and commercial construction, as well as wood chips sold to pulp, paper and dissolving pulp producers.
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