Acadian Timber Corp. (OTCMKTS:ACAZF) Short Interest Down 23.9% in February

Acadian Timber Corp. (OTCMKTS:ACAZF) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 14,300 shares, a decrease of 23.9% from the February 13th total of 18,800 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is currently 1.9 days.

Acadian Timber Price Performance

Shares of OTCMKTS ACAZF opened at $12.17 on Wednesday. Acadian Timber has a twelve month low of $11.62 and a twelve month high of $14.18. The firm has a 50-day moving average of $12.11 and a two-hundred day moving average of $12.54.

Acadian Timber Company Profile

Acadian Timber Corp. supplies primary forest products in Eastern Canada and the Northeastern United States. The company operates in two segments, NB Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. The company owns and manages freehold timberlands in New Brunswick and Maine; and provides timber services relating to Crown licensed timberlands in New Brunswick.