Kumba Iron Ore Ltd. (OTCMKTS:KIROY) Short Interest Down 19.0% in December

Kumba Iron Ore Ltd. (OTCMKTS:KIROY) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 7,396 shares, a decline of 19.0% from the November 30th total of 9,127 shares. Based on an average trading volume of 19,696 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 19,696 shares, the short-interest ratio is currently 0.4 days.

Kumba Iron Ore Price Performance

KIROY remained flat at $7.14 during trading on Wednesday. The company’s stock had a trading volume of 3,814 shares, compared to its average volume of 10,726. The stock has a 50-day moving average price of $6.67 and a 200 day moving average price of $6.18. Kumba Iron Ore has a one year low of $4.78 and a one year high of $7.23.

About Kumba Iron Ore

Kumba Iron Ore, trading over the counter under the symbol KIROY, is one of South Africa’s leading iron ore producers. The company operates two primary open-pit mines—Sishen and Kolomela—located in the Northern Cape province. These operations focus on the extraction and processing of high-quality hematite ore, producing a range of lump and fine products that serve as essential feedstock for global steelmakers.

Established in 2001 following a demerger from parent companies, Kumba Iron Ore has grown its production capacity and operational efficiency through sustained investment in mining technology and infrastructure.