Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Sees Large Growth in Short Interest

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 147,900 shares, a growth of 350.9% from the September 15th total of 32,800 shares. Based on an average daily volume of 991,300 shares, the days-to-cover ratio is presently 0.1 days.

Impala Platinum Price Performance

Shares of IMPUY traded up $0.13 on Friday, hitting $6.08. The company’s stock had a trading volume of 474,404 shares, compared to its average volume of 246,735. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.00 and a quick ratio of 1.43. The firm’s fifty day moving average price is $5.02 and its 200-day moving average price is $5.02. Impala Platinum has a fifty-two week low of $3.09 and a fifty-two week high of $6.30.

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.