Short Interest in CKX Lands, Inc. (NYSEAMERICAN:CKX) Drops By 5.9%

CKX Lands, Inc. (NYSEAMERICAN:CKX) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 1,600 shares, a drop of 5.9% from the June 30th total of 1,700 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 0.9 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bfsg LLC bought a new stake in CKX Lands in the fourth quarter valued at $48,000. PFG Investments LLC bought a new stake in CKX Lands in the first quarter valued at $167,000. Finally, Acuitas Investments LLC boosted its holdings in CKX Lands by 477.8% in the fourth 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 in the last quarter. Institutional investors own 16.13% of the company’s stock.

CKX Lands Trading Up 0.3 %

Shares of NYSEAMERICAN:CKX opened at $13.19 on Wednesday. CKX Lands has a one year low of $9.82 and a one year high of $14.44.

CKX Lands (NYSEAMERICAN:CKX) last announced 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 during 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.