KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Short Interest Update

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 45,996 shares, a drop of 59.0% from the January 29th total of 112,290 shares. Based on an average daily volume of 2,296 shares, the short-interest ratio is presently 20.0 days. Based on an average daily volume of 2,296 shares, the short-interest ratio is presently 20.0 days.

KGHM Polska Miedz Price Performance

KGHPF stock remained flat at $89.25 during trading on Friday. 87 shares of the company traded hands, compared to its average volume of 1,547. The company has a 50 day simple moving average of $86.85 and a 200-day simple moving average of $61.34. KGHM Polska Miedz has a 1 year low of $29.97 and a 1 year high of $107.55.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on KGHPF shares. Morgan Stanley reaffirmed an “overweight” rating on shares of KGHM Polska Miedz in a report on Thursday, November 20th. Citigroup cut shares of KGHM Polska Miedz from a “neutral” rating to a “sell” rating in a research note on Monday, February 16th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

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.