JSC National Atomic Company Kazatomprom (OTCMKTS:NATKY) Sees Significant Increase in Short Interest

JSC National Atomic Company Kazatomprom (OTCMKTS:NATKY) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 9,421 shares, a growth of 196.6% from the January 15th total of 3,176 shares. Based on an average daily volume of 1,704 shares, the days-to-cover ratio is currently 5.5 days. Based on an average daily volume of 1,704 shares, the days-to-cover ratio is currently 5.5 days.

JSC National Atomic Company Kazatomprom Price Performance

Shares of OTCMKTS NATKY opened at $82.51 on Friday. JSC National Atomic Company Kazatomprom has a 1 year low of $27.30 and a 1 year high of $91.26. The firm has a fifty day moving average price of $66.34 and a 200-day moving average price of $55.93.

About JSC National Atomic Company Kazatomprom

JSC National Atomic Company Kazatomprom is Kazakhstan’s state‐owned uranium producer and the world’s largest supplier of natural uranium oxide. Founded in 1997 and headquartered in Astana, Kazatomprom oversees the country’s exploration, mining and export of uranium and related services. The company holds mineral rights for a number of significant in‐situ leaching (ISL) uranium deposits and conducts downstream activities through various joint ventures and subsidiaries.

Kazatomprom’s core operations focus on the recovery and processing of uranium ore into U3O8 concentrate.