Short Interest in Acadian Timber Corp. (OTCMKTS:ACAZF) Increases By 22.7%

Acadian Timber Corp. (OTCMKTS:ACAZF) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 11,900 shares, an increase of 22.7% from the December 15th total of 9,700 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 3.3 days.

Acadian Timber Stock Up 1.5 %

Acadian Timber stock opened at $12.07 on Thursday. Acadian Timber has a 12-month low of $11.66 and a 12-month high of $14.18. The stock has a 50-day simple moving average of $12.51 and a 200 day simple moving average of $12.75.

Acadian Timber Company Profile

Acadian Timber Corp. supplies primary forest products in Eastern Canada and the Northeastern United States. The company operates in two segments, NB Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. The company owns and manages freehold timberlands in New Brunswick and Maine; and provides timber services relating to Crown licensed timberlands in New Brunswick.