The Navigator Company, S.A. (OTCMKTS:POELF) Short Interest Up 3,120.0% in April

The Navigator Company, S.A. (OTCMKTS:POELF) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 758,256 shares, a growth of 3,120.0% from the April 15th total of 23,548 shares. Based on an average trading volume of 1,631 shares, the short-interest ratio is presently 464.9 days.

Navigator Price Performance

POELF remained flat at $3.60 during trading on Wednesday. Navigator has a 1-year low of $3.60 and a 1-year high of $3.63. The company’s fifty day moving average price is $3.62 and its 200-day moving average price is $3.62.

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.