Conifex Timber Inc. (OTCMKTS:CFXTF) Short Interest Up ? in April

Conifex Timber Inc. (OTCMKTS:CFXTF) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,800 shares, an increase of ? from the April 15th total of 0 shares. Based on an average daily volume of 878 shares, the days-to-cover ratio is presently 3.2 days.

Conifex Timber Stock Performance

Shares of OTCMKTS:CFXTF remained flat at $0.09 during trading on Friday. Conifex Timber has a 12 month low of $0.04 and a 12 month high of $0.31. The business has a 50-day moving average of $0.10 and a 200-day moving average of $0.10.

Conifex Timber Company Profile

Conifex Timber Inc is a Canada-based integrated wood products company that specializes in the production and distribution of softwood lumber and wood chips. The company is headquartered in Vancouver, British Columbia, and operates two manufacturing facilities in Northern British Columbia near Prince George and Mackenzie. Conifex Timber’s operations encompass sawmilling, planing, kiln drying and chipping, enabling the company to deliver finished lumber products and industrial wood chips to a broad customer base.

The company’s primary products include dimension lumber used in residential and commercial construction, as well as wood chips sold to pulp, paper and dissolving pulp producers.