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

Anglo American Platinum Limited (OTCMKTS:ANGPYGet Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 16,762 shares, a growth of 167.1% from the April 30th total of 6,276 shares. Based on an average daily trading volume, of 313,363 shares, the short-interest ratio is presently 0.1 days.

Anglo American Platinum Stock Performance

OTCMKTS:ANGPY opened at $13.79 on Monday. Anglo American Platinum has a 12 month low of $6.26 and a 12 month high of $19.71. The firm has a fifty day simple moving average of $14.17 and a 200-day simple moving average of $14.34.

Anglo American Platinum Company Profile

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Anglo American Platinum PLC, trading in the United States as ADRs under the symbol ANGPY, is the world’s largest primary producer of platinum group metals (PGMs). The company’s core activities encompass the mining, processing and marketing of PGMs, which include platinum, palladium, rhodium, ruthenium and iridium. In addition to these key metals, Anglo American Platinum also produces by-product nickel, copper, cobalt and chrome, leveraging its extensive mineral reserves.

The company’s mining operations are concentrated in South Africa’s Bushveld Complex, one of the richest PGM-bearing geological formations in the world.

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