Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Short Interest Update

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 224,800 shares, a decrease of 40.0% from the December 31st total of 374,800 shares. Based on an average daily trading volume, of 493,500 shares, the days-to-cover ratio is currently 0.5 days.

Impala Platinum Stock Performance

IMPUY traded up $0.27 during midday trading on Wednesday, reaching $5.17. The company had a trading volume of 33,860 shares, compared to its average volume of 200,848. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.43 and a current ratio of 3.00. Impala Platinum has a 1 year low of $3.09 and a 1 year high of $7.30. The business has a 50-day moving average of $5.39 and a two-hundred day moving average of $5.42.

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.