Conifex Timber Inc. (OTCMKTS:CFXTF) Short Interest Update

Conifex Timber Inc. (OTCMKTS:CFXTF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 4,800 shares, a growth of 4,700.0% from the May 31st total of 100 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 4.8 days.

Conifex Timber Price Performance

Shares of CFXTF stock remained flat at $0.28 during trading on Thursday. The stock has a 50-day moving average of $0.44 and a two-hundred day moving average of $0.47. Conifex Timber has a 12 month low of $0.06 and a 12 month high of $0.51.

About Conifex Timber

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.