CKX Lands, Inc. (NYSEAMERICAN:CKX – Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,300 shares, an increase of 116.7% from the March 31st total of 600 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.
Institutional Trading of CKX Lands
Institutional investors have recently made changes to their positions in the company. PFG Investments LLC acquired a new position in shares of CKX Lands during the 1st quarter worth about $167,000. Acuitas Investments LLC lifted its holdings in shares of CKX Lands by 477.8% in the 4th quarter. Acuitas Investments LLC now owns 169,387 shares of the financial services provider’s stock valued at $2,195,000 after buying an additional 140,069 shares during the period. Finally, Bfsg LLC purchased a new position in CKX Lands in the 4th quarter valued at approximately $48,000. 16.13% of the stock is owned by institutional investors and hedge funds.
CKX Lands Stock Up 3.9 %
Shares of NYSEAMERICAN:CKX traded up $0.54 during trading on Friday, hitting $14.44. The stock had a trading volume of 773 shares, compared to its average volume of 2,066. CKX Lands has a 12-month low of $9.42 and a 12-month high of $14.44. The stock has a market cap of $28.74 million, a price-to-earnings ratio of 206.28 and a beta of 0.05.
About CKX Lands
CKX Lands, Inc engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting.
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