Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Short Interest Down 71.5% in February

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 266,100 shares, a drop of 71.5% from the January 31st total of 933,400 shares. Based on an average trading volume of 260,900 shares, the days-to-cover ratio is currently 1.0 days.

Impala Platinum Stock Down 2.9 %

Impala Platinum stock traded down $0.15 during mid-day trading on Friday, hitting $4.95. The company’s stock had a trading volume of 43,788 shares, compared to its average volume of 154,173. The company has a current ratio of 3.00, a quick ratio of 1.43 and a debt-to-equity ratio of 0.02. Impala Platinum has a twelve month low of $3.09 and a twelve month high of $7.30. The stock’s fifty day moving average price is $5.22 and its two-hundred day moving average price is $5.50.

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.