Tharisa plc (OTCMKTS:TIHRF – Get Rating) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 300 shares, an increase of 200.0% from the April 30th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 3.0 days.
Shares of OTCMKTS TIHRF opened at $1.70 on Thursday. Tharisa has a one year low of $1.55 and a one year high of $2.08. The business’s 50-day moving average price is $1.95 and its two-hundred day moving average price is $1.86.
Separately, Berenberg Bank lifted their target price on shares of Tharisa from GBX 250 ($3.15) to GBX 260 ($3.27) in a research note on Thursday, April 28th.
Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in China, South Africa, Singapore, Hong Kong, the United Arab Emirates, Australia, Japan, and internationally. The company operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing.
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