Stella-Jones Inc. (OTCMKTS:STLJF) Stock Short Interest Report for October

Key Points

• Short interest surged 74.4% in October to 589,438 shares, representing about 1.1% of outstanding shares. The short-interest ratio reached 38.7 days based on average daily trading volume.
• Analyst sentiment remains moderately positive: two analysts rate Stella-Jones a Buy and two rate it a Hold, resulting in an overall “Moderate Buy” consensus.
• STLJF opened at $47.74, near its 12-month low of $45.01 and well below its 12-month high of $72.46. The company has a $2.61 billion market capitalization and a price-to-earnings ratio of 32.48.

Stella-Jones Inc. (OTCMKTS:STLJF - Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 589,438 shares, a growth of 74.4% from the September 30th total of 338,025 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,239 shares, the short-interest ratio is currently 38.7 days.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on STLJF shares. Canadian Imperial Bank of Commerce reiterated a "neutral" rating on shares of Stella-Jones in a research report on Tuesday, October 27th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Stella-Jones in a research note on Wednesday, September 30th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Stella-Jones Price Performance

STLJF stock opened at $47.74 on Monday. Stella-Jones has a 12 month low of $45.01 and a 12 month high of $72.46. The firm has a 50 day simple moving average of $48.08 and a 200 day simple moving average of $57.86. The firm has a market cap of $2.61 billion and a PE ratio of 32.48. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.96 and a quick ratio of 1.11.

About Stella-Jones

Stella-Jones Inc is a Canadian manufacturer and marketer of pressure-treated wood products used in infrastructure, construction and residential applications. The company produces utility poles, railway ties and timbers, as well as lumber and other wood products treated for outdoor use.

Its infrastructure products support electric utilities, telecommunications providers and railways, while its residential products are sold for applications such as decks, fences and landscaping. Stella-Jones also provides industrial wood products for customers in sectors including transportation, construction and energy.

Headquartered in Montreal, Quebec, Stella-Jones serves customers primarily across Canada and the United States through a network of manufacturing and distribution facilities.

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