Western Forest Products Inc. (OTCMKTS:WFSTF) Short Interest Update

Western Forest Products Inc. (OTCMKTS:WFSTF) saw a significant growth in short interest during the month of 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 volume of 35,300 shares, the days-to-cover ratio is currently 44.2 days.

Western Forest Products Stock Performance

Shares of OTCMKTS:WFSTF opened at $0.26 on Friday. Western Forest Products has a 1 year low of $0.26 and a 1 year high of $0.52. The stock’s 50-day moving average is $0.30 and its 200 day moving average 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.