Short Interest in Keweenaw Land Association, Limited (OTCMKTS:KEWL) Drops By 58.7%

Keweenaw Land Association, Limited (OTCMKTS:KEWL) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 574 shares, a decline of 58.7% from the February 12th total of 1,391 shares. Based on an average daily volume of 733 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 733 shares, the days-to-cover ratio is currently 0.8 days.

Keweenaw Land Association Price Performance

Keweenaw Land Association stock traded down $0.22 during midday trading on Thursday, hitting $49.25. 960 shares of the company’s stock were exchanged, compared to its average volume of 414. The stock has a 50-day moving average price of $44.33 and a two-hundred day moving average price of $37.60. Keweenaw Land Association has a 52-week low of $28.00 and a 52-week high of $55.00.

About Keweenaw Land Association

Keweenaw Land Association, Limited engages in the exploration and evaluation of mineral assets. It holds subsurface mineral rights located in the western Upper Peninsula of Michigan. The company also leases commercial properties and mineral assets. Keweenaw Land Association, Limited was founded in 1865 and is headquartered in Ironwood, Michigan.