Short Interest in GreenFirst Forest Products Inc. (OTCMKTS:ICLTF) Grows By 20.6%

GreenFirst Forest Products Inc. (OTCMKTS:ICLTFGet Free Report) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 8,200 shares, a growth of 20.6% from the December 31st total of 6,800 shares. Based on an average daily trading volume, of 33,300 shares, the days-to-cover ratio is currently 0.2 days.

GreenFirst Forest Products Stock Performance

Shares of OTCMKTS ICLTF traded down C$0.22 during midday trading on Friday, hitting C$3.50. The stock had a trading volume of 2,644 shares, compared to its average volume of 6,855. The company has a fifty day moving average price of C$3.85 and a 200 day moving average price of C$2.36. GreenFirst Forest Products has a 1-year low of C$2.01 and a 1-year high of C$6.56.

GreenFirst Forest Products Company Profile

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GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.

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