Short Interest in Whitehaven Coal Limited (OTCMKTS:WHITF) Decreases By 17.7%

Whitehaven Coal Limited (OTCMKTS:WHITF) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,784,200 shares, a drop of 17.7% from the September 30th total of 2,169,000 shares. Based on an average daily volume of 20,800 shares, the short-interest ratio is currently 85.8 days.

Whitehaven Coal Trading Down 1.8 %

Shares of OTCMKTS WHITF opened at $4.51 on Wednesday. Whitehaven Coal has a 12 month low of $3.35 and a 12 month high of $6.16. The stock has a 50 day moving average of $4.51 and a 200-day moving average of $4.97.

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.