Short Interest in Western Forest Products Inc. (OTCMKTS:WFSTF) Increases By 26.1%

Western Forest Products Inc. (OTCMKTS:WFSTF) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 1,558,600 shares, a growth of 26.1% from the December 15th total of 1,235,800 shares. Based on an average trading volume of 35,300 shares, the short-interest ratio is presently 44.2 days.

Western Forest Products Stock Performance

Shares of WFSTF opened at $0.30 on Thursday. Western Forest Products has a 12 month low of $0.26 and a 12 month high of $0.52. The firm has a fifty day simple moving average of $0.30 and a 200 day simple moving average of $0.33.

Western Forest Products Company Profile

Western Forest Products Inc operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. It is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber.