Public Joint-Stock Company PhosAgro (OTCMKTS:PHOJY) Sees Large Increase in Short Interest

Public Joint-Stock Company PhosAgro (OTCMKTS:PHOJYGet Rating) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 4,100 shares, an increase of 412.5% from the March 15th total of 800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Shares of Public Joint-Stock Company PhosAgro stock opened at $22.09 on Friday. The business’s 50 day simple moving average is $21.47 and its 200-day simple moving average is $22.04. Public Joint-Stock Company PhosAgro has a twelve month low of $5.65 and a twelve month high of $26.60.

Separately, The Goldman Sachs Group raised Public Joint-Stock Company PhosAgro from a “sell” rating to a “neutral” rating and increased their target price for the stock from $21.00 to $24.00 in a report on Monday, January 17th.

About Public Joint-Stock Company PhosAgro (Get Rating)

PhosAgro PJSC is a holding company, which engages in the production and supply of mineral fertilizers, phosphate rock, monocalcium feed phosphate, ammophose and diammonium phosphates, apatite concentrate, and nepheline concentrate. The company operates through the following segments: Phosphate-Based Products and Nitrogen-Based Products.

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