Glencore plc (OTCMKTS:GLCNF – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 3,464,237 shares, an increase of 643.7% from the September 15th total of 465,805 shares. Based on an average daily trading volume, of 28,941 shares, the short-interest ratio is currently 119.7 days.
Glencore Trading Up 3.1%
Shares of GLCNF stock opened at $7.74 on Friday. Glencore has a 1 year low of $4.35 and a 1 year high of $8.56. The stock has a 50 day simple moving average of $7.73 and a 200 day simple moving average of $7.51.
About Glencore
Glencore plc is a Switzerland-based diversified natural resources company engaged in the production, processing, marketing and distribution of commodities. Its operations span metals and minerals, energy products and agricultural products, serving industrial customers and consumers around the world.
The company produces and markets commodities including copper, cobalt, zinc, nickel, ferroalloys, coal and oil. Through its marketing and trading activities, Glencore sources commodities from its own operations and third-party producers and supplies them to manufacturers, processors, utilities and other commercial customers.
See Also
- Five stocks we like better than Glencore
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
Receive News & Ratings for Glencore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glencore and related companies with MarketBeat.com's FREE daily email newsletter.
