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GreenFirst Forest Products Inc. (OTCMKTS:ICLTF) Sees Large Decline in Short Interest

Financial News Live ·  Jan 22, 2023 18:01

GreenFirst Forest Products Inc. (OTCMKTS:ICLTF – Get Rating) was the recipient of a significant decline in short interest in December. As of December 30th, there was short interest totalling 166,600 shares, a decline of 21.2% from the December 15th total of 211,500 shares. Based on an average trading volume of 100,300 shares, the short-interest ratio is currently 1.7 days.

GreenFirst Forest Products Stock Performance

Shares of GreenFirst Forest Products stock traded up C$0.01 on Friday, hitting C$1.14. 16,509 shares of the company traded hands, compared to its average volume of 36,308. GreenFirst Forest Products has a 52 week low of C$0.97 and a 52 week high of C$1.99. The stock's 50 day moving average price is C$1.09 and its 200-day moving average price is C$1.19.

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About GreenFirst Forest Products

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GreenFirst Forest Products Inc manufactures and markets forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.

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