Short Interest in Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Declines By 8.8%

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 1,940,400 shares, a decline of 8.8% from the October 15th total of 2,127,600 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 1,078.0 days.

Industrias Peñoles Price Performance

IPOAF opened at $15.00 on Monday. Industrias Peñoles has a 12-month low of $11.43 and a 12-month high of $20.30. The business’s fifty day simple moving average is $14.10 and its 200-day simple moving average is $13.95.

Industrias Peñoles Company Profile

Industrias Peñoles, SAB. de C.V., together with its subsidiaries, engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments.