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

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 35,000 shares, a growth of 117.4% from the March 31st total of 16,100 shares. Based on an average trading volume of 710,300 shares, the days-to-cover ratio is presently 0.0 days.

Impala Platinum Stock Performance

IMPUY traded down $0.05 during trading on Friday, hitting $4.62. The stock had a trading volume of 119,624 shares, compared to its average volume of 273,755. Impala Platinum has a 12 month low of $3.09 and a 12 month high of $10.20. The company has a 50 day simple moving average of $4.21 and a 200-day simple moving average of $4.21.

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.