Stella-Jones Inc. (OTCMKTS:STLJF) Short Interest Up 107.3% in June

Stella-Jones Inc. (OTCMKTS:STLJF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 183,827 shares, a growth of 107.3% from the May 31st total of 88,674 shares. Based on an average daily trading volume, of 7,149 shares, the short-interest ratio is currently 25.7 days. Currently, 0.3% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Desjardins restated a “buy” rating on shares of Stella-Jones in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

Stella-Jones Stock Performance

OTCMKTS STLJF opened at $56.33 on Thursday. The company has a market cap of $3.07 billion and a P/E ratio of 38.32. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.11 and a current ratio of 4.96. The business’s 50 day moving average price is $56.95 and its 200-day moving average price is $63.05. Stella-Jones has a fifty-two week low of $51.60 and a fifty-two week high of $72.46.

Stella-Jones (OTCMKTS:STLJF) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). The company had revenue of $568.67 million during the quarter, compared to the consensus estimate of $583.30 million. Stella-Jones had a return on equity of 14.92% and a net margin of 8.66%.

Stella-Jones Company Profile

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.