Interfor Co. (OTCMKTS:IFSPF) Short Interest Up 13.9% in December

Interfor Co. (OTCMKTS:IFSPF) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 434,400 shares, a growth of 13.9% from the December 15th total of 381,400 shares. Based on an average trading volume of 16,700 shares, the short-interest ratio is currently 26.0 days.

Analysts Set New Price Targets

Separately, TD Securities cut Interfor from a “buy” rating to a “hold” rating in a research report on Friday, October 18th.

Interfor Stock Up 5.4 %

Shares of OTCMKTS IFSPF opened at $12.68 on Friday. The stock has a fifty day moving average price of $12.88 and a 200 day moving average price of $13.09. Interfor has a 1-year low of $9.77 and a 1-year high of $16.22.

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.