West Fraser Timber Co. Ltd. (NYSE:WFG) Sees Significant Growth in Short Interest

West Fraser Timber Co. Ltd. (NYSE:WFG) Sees Significant Growth in Short Interest

West Fraser Timber Co. Ltd. (NYSE:WFG - Get Free Report) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totalling 1,360,000 shares, an increase of 22.5% from the April 30th total of 1,110,000 shares. Currently, 2.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 201,400 shares, the days-to-cover ratio is currently 6.8 days.