Short Interest in Whitehaven Coal Limited (OTCMKTS:WHITF) Declines By 15.9%

Whitehaven Coal Limited (OTCMKTS:WHITF) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 534,900 shares, a decline of 15.9% from the June 15th total of 636,000 shares. Based on an average daily volume of 37,900 shares, the days-to-cover ratio is presently 14.1 days.

Whitehaven Coal Trading Down 0.4 %

Shares of OTCMKTS WHITF opened at $5.81 on Friday. Whitehaven Coal has a 52 week low of $3.88 and a 52 week high of $6.16. The business’s 50 day moving average price is $5.30 and its 200 day moving average price is $5.06.

Whitehaven Coal Company Profile

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.