Glencore plc (OTCMKTS:GLCNF – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 465,805 shares, a growth of 153.2% from the August 31st total of 183,939 shares. Based on an average daily volume of 41,192 shares, the short-interest ratio is presently 11.3 days.
Glencore Price Performance
OTCMKTS:GLCNF traded up $0.12 during trading hours on Friday, reaching $7.43. 14,279 shares of the company traded hands, compared to its average volume of 121,001. The firm’s 50-day moving average is $7.64 and its 200-day moving average is $7.48. Glencore has a 1-year low of $4.35 and a 1-year high of $8.56.
Glencore Company Profile
Glencore plc is a Switzerland-based diversified natural resources company engaged in the production, processing, marketing and distribution of commodities. Its operations span metals and minerals, energy products and agricultural products, serving industrial customers and consumers around the world.
The company produces and markets commodities including copper, cobalt, zinc, nickel, ferroalloys, coal and oil. Through its marketing and trading activities, Glencore sources commodities from its own operations and third-party producers and supplies them to manufacturers, processors, utilities and other commercial customers.
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