Short Interest in Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Increases By 54.6%

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 374,800 shares, a growth of 54.6% from the November 30th total of 242,500 shares. Based on an average daily trading volume, of 994,600 shares, the days-to-cover ratio is currently 0.4 days.

Impala Platinum Stock Performance

Shares of IMPUY stock opened at $4.79 on Monday. The firm has a fifty day moving average of $5.99 and a 200-day moving average of $5.40. Impala Platinum has a 52-week low of $3.09 and a 52-week high of $7.30. 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 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.