Anglo American Platinum Limited (OTCMKTS:ANGPY) Sees Significant Drop in Short Interest

Anglo American Platinum Limited (OTCMKTS:ANGPY) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 199,100 shares, a drop of 7.7% from the September 15th total of 215,800 shares. Based on an average trading volume of 663,300 shares, the days-to-cover ratio is presently 0.3 days.

Anglo American Platinum Stock Down 4.5 %

Shares of OTCMKTS:ANGPY opened at $5.96 on Wednesday. Anglo American Platinum has a 1 year low of $4.80 and a 1 year high of $8.98. The business’s 50 day moving average price is $6.03 and its 200-day moving average price is $6.10.

Anglo American Platinum Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Friday, August 23rd were issued a $0.0618 dividend. The ex-dividend date was Friday, August 23rd. This is a positive change from Anglo American Platinum’s previous dividend of $0.06.

About Anglo American Platinum

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.