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

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

Western Forest Products Trading Down 0.4 %

OTCMKTS WFSTF opened at $0.28 on Thursday. The business’s 50 day moving average is $0.30 and its two-hundred day moving average is $0.33. Western Forest Products has a 12-month low of $0.26 and a 12-month high of $0.52.

About Western Forest Products

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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.

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