Keweenaw Land Association, Limited (OTCMKTS:KEWL – Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 59 shares, a decline of 89.4% from the August 31st total of 554 shares. Based on an average trading volume of 237 shares, the short-interest ratio is currently 0.2 days.
Keweenaw Land Association Stock Down 4.1%
Keweenaw Land Association stock traded down $3.47 during mid-day trading on Thursday, reaching $80.66. 169 shares of the company were exchanged, compared to its average volume of 415. Keweenaw Land Association has a twelve month low of $28.00 and a twelve month high of $84.13. The firm’s 50-day simple moving average is $71.33 and its two-hundred day simple moving average is $59.29.
Keweenaw Land Association Company Profile
Keweenaw Land Association, Ltd. is a timberland and natural-resources company focused primarily on owning and managing forestland in Michigan’s Upper Peninsula. The company’s activities include sustainable forest management, timber harvesting, and the sale of hardwood and softwood sawtimber and pulpwood to regional forest-products markets.
In addition to its timber operations, Keweenaw Land Association has historically generated revenue from related land uses, including mineral rights, leases, and recreational access arrangements.
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