Short Interest in Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Declines By 71.5%

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 266,100 shares, a decline of 71.5% from the January 31st total of 933,400 shares. Based on an average daily trading volume, of 260,900 shares, the days-to-cover ratio is currently 1.0 days.

Impala Platinum Trading Down 1.8 %

Shares of IMPUY stock traded down $0.09 on Friday, hitting $4.86. The stock had a trading volume of 179,016 shares, compared to its average volume of 154,808. The company’s 50 day moving average price is $5.22 and its 200-day moving average price is $5.50. Impala Platinum has a 1 year low of $3.09 and a 1 year high of $7.30. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.00 and a quick ratio of 1.43.

Impala Platinum Company Profile

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.