KGHM Polska Miedz S.A. (OTCMKTS:KGHPF – Get Free Report) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 6,787 shares, a drop of 93.7% from the August 15th total of 107,767 shares. Based on an average daily volume of 13 shares, the short-interest ratio is presently 522.1 days.
KGHM Polska Miedz Trading Down 2.6%
Shares of OTCMKTS:KGHPF traded down $2.47 during trading on Thursday, reaching $92.91. The stock had a trading volume of 803 shares, compared to its average volume of 995. The stock has a fifty day simple moving average of $80.50 and a two-hundred day simple moving average of $84.49. KGHM Polska Miedz has a 52 week low of $38.87 and a 52 week high of $107.55.
About KGHM Polska Miedz
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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