Short Interest in The Navigator Company, S.A. (OTCMKTS:POELF) Drops By 96.0%

The Navigator Company, S.A. (OTCMKTS:POELF) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 27,948 shares, a drop of 96.0% from the June 15th total of 704,529 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Navigator Stock Performance

OTCMKTS:POELF remained flat at $3.60 during midday trading on Friday. Navigator has a 12 month low of $3.60 and a 12 month high of $3.62. The company has a 50 day moving average of $3.60 and a 200-day moving average of $3.61.

About Navigator

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.