Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Sees Significant Drop in Short Interest

Impala Platinum Holdings Limited (OTCMKTS:IMPUY - Get Free Report) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 210,400 shares, a decrease of 18.7% from the March 15th total of 258,800 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 583,800 shares, the short-interest ratio is presently 0.4 days.

Impala Platinum Stock Performance

Shares of IMPUY stock traded down $0.07 during mid-day trading on Thursday, reaching $6.24. The company's stock had a trading volume of 36,267 shares, compared to its average volume of 238,901. The company's 50 day simple moving average is $5.96 and its 200-day simple moving average is $5.81. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.43 and a current ratio of 3.00. Impala Platinum has a 12-month low of $3.95 and a 12-month high of $7.30.

Impala Platinum Company Profile

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.