CKX Lands, Inc. (NYSEAMERICAN:CKX) Sees Large Growth in Short Interest

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,094 shares, an increase of 132.0% from the August 31st total of 1,765 shares. Based on an average daily trading volume, of 3,119 shares, the short-interest ratio is presently 1.3 days. Approximately 0.2% of the company’s stock are short sold.

CKX Lands Trading Down 1.3%

Shares of NYSEAMERICAN CKX traded down $0.14 during midday trading on Friday, reaching $10.81. The company had a trading volume of 6,095 shares, compared to its average volume of 3,468. The stock has a market cap of $22.16 million, a P/E ratio of 7.61 and a beta of -0.07. The business’s 50-day simple moving average is $10.92 and its 200 day simple moving average is $10.83. CKX Lands has a 1 year low of $8.66 and a 1 year high of $12.44.

CKX Lands (NYSEAMERICAN:CKX) last released its quarterly earnings data on Friday, August 7th. The financial services provider reported $0.06 EPS for the quarter. The business had revenue of $0.17 million for the quarter. CKX Lands had a net margin of 419.31% and a return on equity of 13.95%.

About CKX Lands

CKX Lands, Inc is a land and natural-resource holding company focused on owning and managing real estate and mineral interests in Louisiana. The company’s assets are primarily located in southwestern Louisiana and include surface lands, subsurface mineral rights and timber-related interests.

CKX Lands generates revenue from activities associated with its property portfolio, including oil and natural gas mineral leasing and royalties, timber operations, agricultural and grazing leases, hunting leases, and other surface-use arrangements.