Anglo American plc (OTCMKTS:NGLOY – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 19,900 shares, an increase of 176.4% from the May 15th total of 7,200 shares. Based on an average trading volume of 1,658,600 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group lowered shares of Anglo American from a “buy” rating to a “hold” rating in a research note on Wednesday, May 29th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $2,630.00.
Check Out Our Latest Analysis on Anglo American
Anglo American Stock Up 0.1 %
Anglo American Company Profile
Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.
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