CKX Lands, Inc. (NYSEAMERICAN:CKX) Shares Shorted: Short Interest Down 41.6% in September

CKX Lands, Inc. (NYSEAMERICAN:CKX) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,391 shares, a drop of 41.6% from the September 15th total of 4,094 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 4,222 shares, the days-to-cover ratio is currently 0.6 days.

CKX Lands Stock Performance

CKX remained flat at $10.91 during trading on Thursday. 984 shares of the company’s stock were exchanged, compared to its average volume of 3,638. The stock has a market capitalization of $22.37 million, a P/E ratio of 7.68 and a beta of -0.07. The business’s 50-day simple moving average is $10.81 and its two-hundred day simple moving average is $10.82. CKX Lands has a twelve month low of $8.66 and a twelve month high of $12.44.

CKX Lands (NYSEAMERICAN:CKX) last announced its quarterly earnings results on Friday, August 7th. The financial services provider reported $0.06 EPS for the quarter. The business had revenue of $0.17 million for the quarter. CKX Lands had a net margin of 419.31% and a return on equity of 13.95%.

CKX Lands Company Profile

CKX Lands, Inc is a Louisiana-based land and mineral rights company. The company owns surface and mineral interests in properties located primarily in southwestern Louisiana and generates revenue by leasing those assets for exploration, production, timber, grazing, hunting and other uses.

Its holdings include oil and natural gas interests, timberland and other rural acreage. CKX Lands may receive royalty and lease payments from oil and gas production, as well as income from timber sales and surface-use agreements.