Keweenaw Land Association, Limited (OTCMKTS:KEWL – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 59 shares, a decline of 89.4% from the August 31st total of 554 shares. Based on an average daily volume of 237 shares, the days-to-cover ratio is presently 0.2 days.
Keweenaw Land Association Trading Down 4.1%
OTCMKTS:KEWL opened at $80.66 on Friday. Keweenaw Land Association has a 12 month low of $28.00 and a 12 month high of $84.13. The business’s 50-day moving average is $71.33 and its 200 day moving average is $59.29.
About Keweenaw Land Association
Keweenaw Land Association, Ltd. is a timberland and natural-resources company focused primarily on owning and managing forestland in Michigan’s Upper Peninsula. The company’s activities include sustainable forest management, timber harvesting, and the sale of hardwood and softwood sawtimber and pulpwood to regional forest-products markets.
In addition to its timber operations, Keweenaw Land Association has historically generated revenue from related land uses, including mineral rights, leases, and recreational access arrangements.
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