Short Interest in KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Increases By 84.2%

KGHM Polska Miedz S.A. (OTCMKTS:KGHPFGet Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 11,191 shares, a growth of 84.2% from the May 14th total of 6,075 shares. Based on an average daily trading volume, of 44 shares, the short-interest ratio is currently 254.3 days.

KGHM Polska Miedz Stock Performance

Shares of KGHPF stock remained flat at $101.58 on Tuesday. 107 shares of the stock were exchanged, compared to its average volume of 1,135. The stock’s 50 day moving average price is $89.16 and its 200-day moving average price is $82.68. KGHM Polska Miedz has a 12 month low of $33.99 and a 12 month high of $107.55.

Wall Street Analyst Weigh In

KGHPF has been the topic of a number of research reports. Citigroup lowered shares of KGHM Polska Miedz from a “neutral” rating to a “sell” rating in a research note on Monday, February 16th. Morgan Stanley reissued an “overweight” rating on shares of KGHM Polska Miedz in a research report on Monday, April 27th. Finally, UBS Group raised shares of KGHM Polska Miedz to a “buy” rating in a research report on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Report on KGHPF

KGHM Polska Miedz Company Profile

(Get Free Report)

KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi‐finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.

The company’s core operations are anchored in the Legnica‐Głogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.

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