Short Interest in Interfor Co. (OTCMKTS:IFSPF) Drops By 12.0%

Interfor Co. (OTCMKTS:IFSPF) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 113,600 shares, a drop of 12.0% from the March 15th total of 129,100 shares. Based on an average daily trading volume, of 18,500 shares, the days-to-cover ratio is presently 6.1 days.

Interfor Price Performance

IFSPF stock traded up $0.10 during trading on Tuesday, hitting $13.00. 300 shares of the company’s stock were exchanged, compared to its average volume of 23,724. The business has a 50-day moving average price of $14.85 and a two-hundred day moving average price of $15.22. Interfor has a 52-week low of $12.27 and a 52-week high of $19.88.

About Interfor

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.