Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Sees Large Growth in Short Interest

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 307,800 shares, a growth of 65.0% from the October 31st total of 186,600 shares. Based on an average daily volume of 570,900 shares, the short-interest ratio is currently 0.5 days.

Impala Platinum Trading Up 0.8 %

Shares of Impala Platinum stock opened at $5.85 on Friday. The company’s fifty day simple moving average is $6.21 and its two-hundred day simple moving average is $5.40. Impala Platinum has a 12-month low of $3.09 and a 12-month 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.