Short Interest in Kumba Iron Ore Limited (OTCMKTS:KUMBF) Expands By 200.0%

Kumba Iron Ore Limited (OTCMKTS:KUMBF) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,800 shares, a growth of 200.0% from the September 15th total of 600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 18.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is currently 18.0 days.

Kumba Iron Ore Price Performance

KUMBF opened at $19.90 on Tuesday. Kumba Iron Ore has a twelve month low of $19.90 and a twelve month high of $19.90. The firm has a 50 day moving average price of $19.90 and a 200-day moving average price of $19.87.

About Kumba Iron Ore

Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.