Tharisa plc (OTCMKTS:TIHRF – Get Rating) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 400 shares, a growth of 100.0% from the April 30th total of 200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 4.0 days.
Tharisa Stock Performance
TIHRF remained flat at $1.16 during midday trading on Friday. The firm’s fifty day moving average is $1.11 and its 200 day moving average is $1.10. Tharisa has a 52-week low of $1.15 and a 52-week high of $1.16.
Wall Street Analyst Weigh In
Separately, Berenberg Bank upped their target price on shares of Tharisa from GBX 270 ($3.36) to GBX 290 ($3.61) in a research note on Friday, April 14th.
Tharisa Company Profile
Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in South Africa, China, Singapore, Hong Kong, Australia, Japan, and internationally. It operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing.
Further Reading
- Get a free copy of the StockNews.com research report on Tharisa (TIHRF)
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