Short Interest in Anglo American plc (OTCMKTS:NGLOY) Rises By 48.1%

Anglo American plc (OTCMKTS:NGLOY - Get Free Report) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 11,400 shares, an increase of 48.1% from the February 28th total of 7,700 shares. Based on an average daily volume of 403,300 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's stock are short sold.

Anglo American Stock Down 6.7 %

Shares of NGLOY traded down $0.94 on Thursday, reaching $13.04. The company's stock had a trading volume of 178,550 shares, compared to its average volume of 212,109. The stock's 50 day simple moving average is $14.95 and its two-hundred day simple moving average is $15.14. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.98. Anglo American has a 12-month low of $12.86 and a 12-month high of $17.60.

Anglo American Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, March 14th.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on NGLOY shares. Citigroup cut Anglo American from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 24th. Sanford C. Bernstein downgraded shares of Anglo American from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 28th. Clarkson Capital raised shares of Anglo American to a "strong-buy" rating in a report on Friday, February 28th. Finally, Royal Bank of Canada upgraded shares of Anglo American from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.