Anglo American Platinum Limited (OTCMKTS:ANGPY) Sees Significant Increase in Short Interest

Anglo American Platinum Limited (OTCMKTS:ANGPYGet Rating) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 9,000 shares, a growth of 83.7% from the April 30th total of 4,900 shares. Based on an average trading volume of 56,900 shares, the days-to-cover ratio is presently 0.2 days.

Separately, The Goldman Sachs Group assumed coverage on Anglo American Platinum in a research note on Monday, May 9th. They issued a “neutral” rating for the company.

Shares of ANGPY opened at $17.99 on Friday. The business has a 50-day simple moving average of $20.06 and a two-hundred day simple moving average of $20.32. Anglo American Platinum has a 12-month low of $13.89 and a 12-month high of $28.66.

The firm also recently announced a dividend, which was paid on Thursday, March 24th. Investors of record on Friday, March 11th were given a dividend of $0.4135 per share. The ex-dividend date was Thursday, March 10th. This represents a dividend yield of 9.47%.

Anglo American Platinum Company Profile (Get Rating)

Anglo American Platinum Limited engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, and internationally. It produces platinum, palladium, rhodium, ruthenium, iridium, and osmium, as well as gold, nickel, copper, cobalt sulphate, sodium sulphate, and chrome.

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