The Navigator Company, S.A. (OTCMKTS:POELF) Short Interest Down 73.2% in August

The Navigator Company, S.A. (OTCMKTS:POELF) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 49,961 shares, a drop of 73.2% from the July 30th total of 186,335 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Navigator Price Performance

Shares of Navigator stock remained flat at $3.60 during trading on Thursday. The stock’s 50-day moving average is $3.60 and its 200-day moving average is $3.61. Navigator has a 12-month low of $3.60 and a 12-month high of $3.62.

Navigator Company Profile

The Navigator Company, SA manufactures and markets pulp and paper products worldwide. The company operates through Market Pulp, UWF Paper, Tissue Paper, and Biomass Renewable Energy segments. It produces bleached eucalyptus kraft pulp, uncoated writing and printing thin paper, and domestic consumption paper under the Navigator, Multioffice, Discovery, explorer, Inacopia, Target, Pioneer, SOPORSET, INASET, and target plus brands for professional and home use. The company also operates cogeneration units and two independent thermoelectric power plants.