Antofagasta plc (OTCMKTS:ANFGF) Sees Significant Growth in Short Interest

Antofagasta plc (OTCMKTS:ANFGF) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 1,696,400 shares, a growth of 252.4% from the October 31st total of 481,400 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 2,423.4 days.

Antofagasta Stock Performance

OTCMKTS:ANFGF opened at $20.83 on Thursday. The stock has a fifty day moving average price of $23.92 and a two-hundred day moving average price of $25.34. Antofagasta has a 1 year low of $17.29 and a 1 year high of $30.88.

About Antofagasta

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.