Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Short Interest Up 7,189.4% in March

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,699,878 shares, a growth of 7,189.4% from the February 26th total of 23,320 shares. Based on an average trading volume of 5,471 shares, the days-to-cover ratio is presently 310.7 days. Based on an average trading volume of 5,471 shares, the days-to-cover ratio is presently 310.7 days.

Industrias Peñoles Stock Performance

Shares of OTCMKTS:IPOAF traded down $1.13 during midday trading on Tuesday, hitting $43.70. 550 shares of the stock traded hands, compared to its average volume of 3,252. The business’s 50 day moving average is $58.15 and its two-hundred day moving average is $48.82. Industrias Peñoles has a one year low of $15.92 and a one year high of $71.00.

About Industrias Peñoles

Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.