Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Sees Significant Decrease in Short Interest

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 258,800 shares, a drop of 15.7% from the February 28th total of 306,900 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 539,600 shares, the days-to-cover ratio is presently 0.5 days.

Impala Platinum Stock Up 1.8 %

Impala Platinum stock opened at $6.86 on Tuesday. The stock’s 50 day moving average is $5.76 and its 200 day moving average is $5.78. The company has a quick ratio of 1.43, a current ratio of 3.00 and a debt-to-equity ratio of 0.02. Impala Platinum has a one year low of $3.95 and a one year high of $7.30.

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.