Interfor Co. (OTCMKTS:IFSPF) Short Interest Down 6.5% in October

Interfor Co. (OTCMKTS:IFSPF) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 455,500 shares, a decline of 6.5% from the September 30th total of 487,100 shares. Based on an average trading volume of 27,300 shares, the days-to-cover ratio is presently 16.7 days.

Interfor Trading Up 0.2 %

Interfor stock opened at $14.03 on Thursday. The stock has a 50 day moving average of $13.88 and a 200-day moving average of $13.08. Interfor has a 52 week low of $9.77 and a 52 week high of $19.45.

Wall Street Analyst Weigh In

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

Interfor Company Profile

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.