Whitehaven Coal Limited (OTCMKTS:WHITF) Short Interest Up 50.2% in February

Whitehaven Coal Limited (OTCMKTS:WHITF) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 4,731,800 shares, an increase of 50.2% from the January 31st total of 3,151,100 shares. Based on an average trading volume of 24,100 shares, the days-to-cover ratio is presently 196.3 days.

Whitehaven Coal Price Performance

Shares of WHITF opened at $3.59 on Tuesday. Whitehaven Coal has a 1 year low of $3.28 and a 1 year high of $6.16. The company’s 50-day simple moving average is $3.76 and its 200-day simple moving average is $4.19.

Whitehaven Coal Company Profile

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.