Conifex Timber Inc. (OTCMKTS:CFXTF – Get Free Report) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,500 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 2,502 shares, the days-to-cover ratio is currently 1.0 days.
Conifex Timber Stock Performance
Shares of OTCMKTS:CFXTF opened at $0.09 on Wednesday. The company has a 50 day moving average of $0.09 and a 200-day moving average of $0.09. Conifex Timber has a one year low of $0.04 and a one year high of $0.26.
About Conifex Timber
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.
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