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

GreenFirst Forest Products Inc. (OTCMKTS:ICLTFGet Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 6,800 shares, a growth of 353.3% from the November 30th total of 1,500 shares. Based on an average trading volume of 39,100 shares, the short-interest ratio is presently 0.2 days.

GreenFirst Forest Products Trading Up 3.2 %

Shares of GreenFirst Forest Products stock traded up C$0.12 during mid-day trading on Thursday, reaching C$3.99. 2,817 shares of the stock were exchanged, compared to its average volume of 10,494. GreenFirst Forest Products has a fifty-two week low of C$2.01 and a fifty-two week high of C$7.33. The firm has a 50-day simple moving average of C$4.26 and a 200 day simple moving average of C$1.70.

About GreenFirst Forest Products

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GreenFirst Forest Products Inc engages in the manufacture and sale of 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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