CKX Lands, Inc. (NYSEAMERICAN:CKX) Sees Significant Increase in Short Interest

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 1,823 shares, an increase of 75.8% from the June 15th total of 1,037 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 10,288 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in CKX Lands stock. Susquehanna International Group LLP lifted its stake in CKX Lands, Inc. (NYSEAMERICAN:CKX) by 40.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,822 shares of the financial services provider’s stock after buying an additional 4,519 shares during the period. Susquehanna International Group LLP owned approximately 0.77% of CKX Lands worth $176,000 as of its most recent filing with the Securities and Exchange Commission. 16.13% of the stock is currently owned by hedge funds and other institutional investors.

CKX Lands Stock Up 0.3%

Shares of CKX traded up $0.03 during midday trading on Friday, reaching $11.03. 7,194 shares of the stock were exchanged, compared to its average volume of 5,165. CKX Lands has a twelve month low of $8.66 and a twelve month high of $12.67. The company has a market cap of $22.61 million, a P/E ratio of 7.66 and a beta of -0.09. The stock’s 50 day simple moving average is $10.86 and its 200 day simple moving average is $10.61.

CKX Lands (NYSEAMERICAN:CKX) last announced its earnings results on Friday, May 8th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter. CKX Lands had a net margin of 445.47% and a return on equity of 14.65%. The company had revenue of $0.17 million during the quarter.

About CKX Lands

CKX Lands Corp is a Canada-based provider of land management and real estate advisory services focused on agricultural and rural properties. The company specializes in the acquisition, disposition and leasing of farmland and ranchland across Western Canada, with particular emphasis on key agricultural regions in Alberta, Saskatchewan and Manitoba. By combining local market expertise with a network of land professionals, CKX Lands assists landowners, producers and institutional investors in navigating the complexities of rural real estate transactions.

The firm’s core services include land brokerage, valuation and consulting, offering tailored solutions that address property due diligence, title review and land-use planning.