Anglo American Platinum Limited (OTCMKTS:ANGPY) Sees Large Increase in Short Interest

Anglo American Platinum Limited (OTCMKTS:ANGPY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 177,000 shares, an increase of 64.5% from the December 15th total of 107,600 shares. Based on an average daily trading volume, of 449,400 shares, the days-to-cover ratio is currently 0.4 days.

Anglo American Platinum Price Performance

Shares of OTCMKTS ANGPY traded down $0.11 during midday trading on Friday, reaching $5.50. The company’s stock had a trading volume of 65,954 shares, compared to its average volume of 93,685. Anglo American Platinum has a fifty-two week low of $4.80 and a fifty-two week high of $7.69. The stock has a 50 day simple moving average of $5.59 and a 200-day simple moving average of $5.92.

Anglo American Platinum Company Profile

Anglo American Platinum Limited engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, North America, and internationally. The company produces platinum, palladium, rhodium, ruthenium, and iridium; and nickel, copper, cobalt sulphate, sodium sulphate, and chrome, as well as gold.