Anglo American Platinum Limited (OTCMKTS:ANGPY – Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 95,988 shares, a growth of 1,471.0% from the May 31st total of 6,110 shares. Based on an average trading volume of 457,613 shares, the days-to-cover ratio is currently 0.2 days.
Anglo American Platinum Price Performance
Shares of OTCMKTS:ANGPY traded up $0.69 during trading on Thursday, hitting $11.41. 114,492 shares of the stock were exchanged, compared to its average volume of 283,951. Anglo American Platinum has a 1-year low of $7.24 and a 1-year high of $19.71. The company’s fifty day simple moving average is $13.58 and its 200-day simple moving average is $14.54.
About Anglo American Platinum
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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