Short Interest in GreenFirst Forest Products Inc. (OTCMKTS:ICLTF) Grows By 20.6%

GreenFirst Forest Products Inc. (OTCMKTS:ICLTF) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,200 shares, an increase of 20.6% from the December 15th total of 6,800 shares. Based on an average daily trading volume, of 33,300 shares, the days-to-cover ratio is presently 0.2 days.

GreenFirst Forest Products Stock Performance

Shares of GreenFirst Forest Products stock opened at C$3.85 on Friday. GreenFirst Forest Products has a 1 year low of C$2.01 and a 1 year high of C$6.73. The company’s fifty day simple moving average is C$3.92 and its 200-day simple moving average is C$2.13.

GreenFirst Forest Products Company Profile

GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.