Short Interest in Western Forest Products Inc. (OTCMKTS:WFSTF) Expands By 26.1%

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

Western Forest Products Price Performance

Shares of OTCMKTS WFSTF opened at $0.28 on Thursday. The business has a 50-day moving average price of $0.30 and a 200 day moving average price of $0.33. Western Forest Products has a 52-week low of $0.26 and a 52-week high of $0.52.

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.