GreenFirst Forest Products Inc. (OTCMKTS:ICLTF – Get Rating) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 83,800 shares, a decline of 19.0% from the March 31st total of 103,400 shares. Based on an average daily volume of 25,200 shares, the short-interest ratio is currently 3.3 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lowered their price objective on shares of GreenFirst Forest Products to C$1.75 in a research report on Thursday, March 16th.

GreenFirst Forest Products Price Performance

OTCMKTS ICLTF traded up C$0.00 on Monday, reaching C$0.97. The company had a trading volume of 11,205 shares, compared to its average volume of 27,439. GreenFirst Forest Products has a 1-year low of C$0.90 and a 1-year high of C$1.61. The company's fifty day moving average is C$1.03 and its 200-day moving average is C$1.10.

GreenFirst Forest Products Company Profile

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GreenFirst Forest Products, Inc engages in the direct and indirect investment in natural resource and industrial sectors. The company was founded on September 17, 2009 and is headquartered in Toronto, Canada.

Further Reading

• Get a free copy of the StockNews.com research report on GreenFirst Forest Products (ICLTF)
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