Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Sees Significant Increase in Short Interest

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 2,143,600 shares, a growth of 13.4% from the November 15th total of 1,891,100 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 10,718.0 days.

Industrias Peñoles Stock Down 7.1 %

Shares of OTCMKTS:IPOAF traded down $1.20 on Monday, hitting $15.80. The stock had a trading volume of 104 shares, compared to its average volume of 17,786. Industrias Peñoles has a twelve month low of $11.43 and a twelve month high of $20.30. The firm’s 50 day moving average price is $14.92 and its 200-day moving average price is $13.90.

Industrias Peñoles Company Profile

Industrias Peñoles, SAB. de C.V., together with its subsidiaries, engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments.