CKX Lands, Inc. (NYSEAMERICAN:CKX) Shares Shorted: Short Interest Down 41.6% in September

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,391 shares, a decline of 41.6% from the September 15th total of 4,094 shares. Based on an average daily trading volume, of 4,222 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

CKX Lands Price Performance

Shares of NYSEAMERICAN CKX remained flat at $10.91 during trading hours on Thursday. The stock had a trading volume of 984 shares, compared to its average volume of 3,638. The company has a market capitalization of $22.37 million, a PE ratio of 7.68 and a beta of -0.07. The firm’s 50 day moving average is $10.81 and its 200 day moving average is $10.82. CKX Lands has a 52-week low of $8.66 and a 52-week high of $12.44.

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

CKX Lands Company Profile

CKX Lands, Inc is a Louisiana-based land and mineral rights company. The company owns surface and mineral interests in properties located primarily in southwestern Louisiana and generates revenue by leasing those assets for exploration, production, timber, grazing, hunting and other uses.

Its holdings include oil and natural gas interests, timberland and other rural acreage. CKX Lands may receive royalty and lease payments from oil and gas production, as well as income from timber sales and surface-use agreements.