Short Interest in Nampak Limited (OTCMKTS:NPKLY) Drops By 20.0%

Nampak Limited (OTCMKTS:NPKLYGet Rating) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 800 shares, a decrease of 20.0% from the March 31st total of 1,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 8.0 days.

OTCMKTS NPKLY traded up $0.02 on Tuesday, reaching $0.14. The company had a trading volume of 178 shares, compared to its average volume of 554. Nampak has a 1 year low of $0.13 and a 1 year high of $0.30. The firm has a 50-day moving average of $0.23 and a 200-day moving average of $0.24.

Nampak Company Profile (Get Rating)

Nampak Limited manufactures and sells metal, plastic, and paper packaging products in South Africa and rest of Africa. The company offers HDPE and PET bottles and jars, plastic closures, tubes, and crates and drums for the fruit juice, dairy, carbonated soft drink, water, alcoholic beverage, bakery, agriculture, chemical, petroleum, personal care, and household markets.

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