Anglo American Platinum Limited (OTCMKTS:ANGPY) Short Interest Update

Anglo American Platinum Limited (OTCMKTS:ANGPY) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 6,110 shares, a drop of 63.5% from the May 14th total of 16,762 shares. Based on an average daily volume of 227,284 shares, the days-to-cover ratio is currently 0.0 days.

Anglo American Platinum Stock Performance

ANGPY stock opened at $12.08 on Friday. Anglo American Platinum has a 52-week low of $6.75 and a 52-week high of $19.71. The stock’s fifty day simple moving average is $14.04 and its 200-day simple moving average is $14.47.

Anglo American Platinum Company Profile

Anglo American Platinum PLC, trading in the United States as ADRs under the symbol ANGPY, is the world’s largest primary producer of platinum group metals (PGMs). The company’s core activities encompass the mining, processing and marketing of PGMs, which include platinum, palladium, rhodium, ruthenium and iridium. In addition to these key metals, Anglo American Platinum also produces by-product nickel, copper, cobalt and chrome, leveraging its extensive mineral reserves.

The company’s mining operations are concentrated in South Africa’s Bushveld Complex, one of the richest PGM-bearing geological formations in the world.