Short Interest in CKX Lands, Inc. (NYSEAMERICAN:CKX) Grows By 23.1%

CKX Lands, Inc. (NYSEAMERICAN:CKX) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 3,200 shares, a growth of 23.1% from the May 31st total of 2,600 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Acuitas Investments LLC boosted its stake in CKX Lands by 477.8% during the 4th quarter. Acuitas Investments LLC now owns 169,387 shares of the financial services provider’s stock valued at $2,195,000 after acquiring an additional 140,069 shares during the last quarter. PFG Investments LLC acquired a new stake in shares of CKX Lands in the 1st quarter valued at about $167,000. Finally, Bfsg LLC bought a new position in shares of CKX Lands during the fourth quarter worth about $48,000. Institutional investors and hedge funds own 16.13% of the company’s stock.

CKX Lands Stock Down 2.6 %

CKX Lands stock traded down $0.35 during trading on Tuesday, reaching $13.15. 4,294 shares of the company’s stock were exchanged, compared to its average volume of 2,167. CKX Lands has a 52-week low of $9.82 and a 52-week high of $14.44.

CKX Lands (NYSEAMERICAN:CKX) last released its quarterly earnings results on Monday, May 13th. The financial services provider reported ($0.20) EPS for the quarter. CKX Lands had a negative return on equity of 0.11% and a negative net margin of 1.37%. The company had revenue of $0.14 million for the quarter.

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.