Leading Brands, Inc. (LBIX) Forms $1.63 Double Bottom; Pope Resources (POPE) Shorts Lowered By 39.47%

Leading Brands, Inc. (LBIX) formed double bottom with $1.50 target or 8.00% below today’s $1.63 share price. Leading Brands, Inc. (LBIX) has $4.57M valuation. The stock increased 7.20% or $0.1094 during the last trading session, reaching $1.6294. About 260,712 shares traded. Leading Brands, Inc. (NASDAQ:LBIX) has risen 3.99% since December 27, 2016 and is uptrending. It has underperformed by 12.71% the S&P500.

Pope Resources (NASDAQ:POPE) had a decrease of 39.47% in short interest. POPE’s SI was 2,300 shares in December as released by FINRA. Its down 39.47% from 3,800 shares previously. With 3,400 avg volume, 1 days are for Pope Resources (NASDAQ:POPE)’s short sellers to cover POPE’s short positions. The SI to Pope Resources’s float is 0.08%. It closed at $70.2999 lastly. It is down 28.92% since December 27, 2016 and is uptrending. It has outperformed by 12.22% the S&P500.

Pope Resources, A Delaware Limited Partnership manages timber resources in the United States. The company has market cap of $329.93 million. It operates through three divisions: Fee Timber, Timberland Investment Management, and Real Estate. It has a 31.61 P/E ratio. The Fee Timber segment is involved in growing, managing, harvesting, and marketing timber from 212,000 timberland acres that it owns or manages as tree farms to domestic manufacturers and export brokers.