Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Sees Large Increase in Short Interest

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 374,800 shares, a growth of 54.6% from the November 30th total of 242,500 shares. Based on an average daily trading volume, of 994,600 shares, the short-interest ratio is presently 0.4 days.

Impala Platinum Stock Down 0.2 %

IMPUY stock opened at $4.79 on Monday. The firm’s fifty day simple moving average is $5.99 and its 200-day simple moving average is $5.40. The company has a quick ratio of 1.43, a current ratio of 3.00 and a debt-to-equity ratio of 0.02. Impala Platinum has a 12 month low of $3.09 and a 12 month high of $7.30.

About Impala Platinum

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.