Western Forest Products Inc. (OTCMKTS:WFSTF) Short Interest Up 26.1% in January

Western Forest Products Inc. (OTCMKTS:WFSTF) was the recipient of a significant 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 trading volume, of 35,300 shares, the short-interest ratio is presently 44.2 days.

Western Forest Products Price Performance

Shares of Western Forest Products stock opened at $0.28 on Friday. Western Forest Products has a 52-week low of $0.26 and a 52-week high of $0.52. The company’s fifty day moving average price is $0.30 and its two-hundred day moving average price is $0.33.

About Western Forest Products

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.