Keweenaw Land Association, Limited (OTCMKTS:KEWL) Stock Short Interest Drops 50.8%

Keweenaw Land Association, Limited (OTCMKTS:KEWL) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 29 shares, a decline of 50.8% from the September 15th total of 59 shares. Based on an average trading volume of 591 shares, the short-interest ratio is presently 0.0 days.

Keweenaw Land Association Stock Down 2.1%

KEWL stock traded down $1.58 during mid-day trading on Wednesday, hitting $73.12. The company had a trading volume of 100 shares, compared to its average volume of 411. Keweenaw Land Association has a 12-month low of $28.00 and a 12-month high of $88.00. The company has a 50-day moving average price of $75.26 and a 200 day moving average price of $61.73.

About Keweenaw Land Association

Keweenaw Land Association, Limited is a natural-resource and land-management company focused on owning and managing forestland in Michigan’s Upper Peninsula. Its principal activities include timberland stewardship, forest management, and the sale of forest products such as hardwood and softwood sawlogs and pulpwood.

The company also generates value from its landholdings through recreational leasing and other property-related activities. Its portfolio may support hunting, fishing, and other outdoor uses, as well as mineral and real estate interests associated with its properties.

Keweenaw Land Association’s operations are concentrated in the Upper Peninsula of Michigan, where it has a long history as a private timberland owner and manager.