Interfor Co. (OTCMKTS:IFSPF) Short Interest Up 43.3% in March

Interfor Co. (OTCMKTS:IFSPF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 700,400 shares, a growth of 43.3% from the February 28th total of 488,600 shares. Based on an average trading volume of 52,600 shares, the days-to-cover ratio is presently 13.3 days.

Analyst Upgrades and Downgrades

Separately, Scotiabank reaffirmed an “outperform” rating on shares of Interfor in a report on Monday, February 3rd.

Interfor Price Performance

Shares of OTCMKTS IFSPF traded up $0.11 during mid-day trading on Monday, hitting $10.43. The company had a trading volume of 47,547 shares, compared to its average volume of 28,256. Interfor has a 1 year low of $9.77 and a 1 year high of $16.08. The stock’s 50-day moving average price is $11.41 and its 200-day moving average price is $12.85.

Interfor Company Profile

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.