KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Short Interest Up 164.6% in December

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 63,782 shares, a growth of 164.6% from the November 30th total of 24,105 shares. Based on an average trading volume of 131 shares, the short-interest ratio is currently 486.9 days. Based on an average trading volume of 131 shares, the short-interest ratio is currently 486.9 days.

KGHM Polska Miedz Trading Up 1.1%

Shares of KGHPF traded up $0.89 during trading hours on Friday, hitting $78.89. The company had a trading volume of 620 shares, compared to its average volume of 680. KGHM Polska Miedz has a one year low of $29.97 and a one year high of $78.93. The company’s fifty day moving average price is $57.46 and its two-hundred day moving average price is $44.39.

Wall Street Analyst Weigh In

Separately, Morgan Stanley restated an “overweight” rating on shares of KGHM Polska Miedz in a report on Thursday, November 20th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, KGHM Polska Miedz presently has a consensus rating of “Buy”.

KGHM Polska Miedz Company Profile

KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi‐finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.

The company’s core operations are anchored in the Legnica‐Głogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.