Short Interest in Ferrexpo plc (OTCMKTS:FEEXF) Rises By 159.1%

Ferrexpo plc (OTCMKTS:FEEXF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 5,700 shares, an increase of 159.1% from the August 15th total of 2,200 shares. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is currently 0.2 days.

Ferrexpo Price Performance

Shares of Ferrexpo stock remained flat at $0.57 during trading hours on Friday. Ferrexpo has a twelve month low of $0.54 and a twelve month high of $1.15. The business has a 50-day moving average of $0.68 and a 200 day moving average of $0.65.

Ferrexpo Company Profile

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services.