CKX Lands, Inc. (NYSEAMERICAN:CKX) Short Interest Update

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the target of a significant increase in short interest in 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 trading volume of 2,500 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of CKX Lands

Institutional investors and hedge funds have recently modified their holdings of the business. Bfsg LLC purchased a new stake in shares of CKX Lands during the fourth quarter valued at approximately $48,000. Acuitas Investments LLC grew its holdings in CKX Lands by 477.8% during the fourth quarter. Acuitas Investments LLC now owns 169,387 shares of the financial services provider’s stock valued at $2,195,000 after purchasing an additional 140,069 shares during the period. Finally, PFG Investments LLC bought a new position in CKX Lands during the first quarter valued at $167,000. 16.13% of the stock is owned by hedge funds and other institutional investors.

CKX Lands Stock Up 3.9 %

Shares of CKX Lands stock traded up $0.54 on Friday, hitting $14.44. The company had a trading volume of 773 shares, compared to its average volume of 2,066. The company has a market cap of $28.74 million, a PE ratio of 206.28 and a beta of 0.05. CKX Lands has a 1 year low of $9.42 and a 1 year high of $14.44.

CKX Lands (NYSEAMERICAN:CKX) last issued its quarterly earnings data on Wednesday, March 27th. The financial services provider reported $0.12 EPS for the quarter. The firm had revenue of $0.69 million during the quarter. CKX Lands had a return on equity of 0.79% and a net margin of 9.63%.

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.