Pope Resources (NASDAQ:POPE) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,600 shares, an increase of 14.3% from the July 31st total of 1,400 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Shares of POPE traded up $0.50 during mid-day trading on Friday, hitting $71.50. 249 shares of the company’s stock were exchanged, compared to its average volume of 1,139. The firm has a fifty day moving average of $69.86 and a two-hundred day moving average of $68.29. Pope Resources has a twelve month low of $62.50 and a twelve month high of $73.25. The stock has a market cap of $311.39 million, a price-to-earnings ratio of 34.71 and a beta of 0.27. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.46.

Pope Resources (NASDAQ:POPE) last posted its earnings results on Monday, August 5th. The construction company reported $0.50 earnings per share (EPS) for the quarter. Pope Resources had a net margin of 6.08% and a return on equity of 2.66%. The business had revenue of $28.00 million for the quarter.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $4.00 dividend on an annualized basis and a yield of 5.59%.

An institutional investor recently raised its position in Pope Resources stock. Cannell Peter B & Co. Inc. grew its stake in Pope Resources (NASDAQ:POPE) by 17.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,250 shares of the construction company’s stock after purchasing an additional 3,500 shares during the period. Cannell Peter B & Co. Inc. owned about 0.53% of Pope Resources worth $1,575,000 as of its most recent SEC filing. 8.66% of the stock is owned by institutional investors.

Pope Resources Company Profile

Pope Resources, A Delaware Limited Partnership manages timber resources in the United States. The company operates in four segments: Partnership Timber, Funds Timber, Timberland Investment Management, and Real Estate. It is involved in growing, managing, harvesting, and marketing timber from the Partnership's 120,000 acres of direct timberland ownership in Washington; and private equity timber funds' 134,000 acres of timberland in Washington, Oregon, and California that co-owned with third-party investors.

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