Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Short Interest Update

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 224,800 shares, a drop of 40.0% from the December 31st total of 374,800 shares. Based on an average daily volume of 493,500 shares, the short-interest ratio is currently 0.5 days.

Impala Platinum Trading Up 5.5 %

Shares of OTCMKTS:IMPUY traded up $0.27 during trading on Wednesday, hitting $5.17. The company had a trading volume of 33,860 shares, compared to its average volume of 200,848. Impala Platinum has a one year low of $3.09 and a one year high of $7.30. The company has a fifty day simple moving average of $5.39 and a two-hundred day simple moving average of $5.42. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.00 and a quick ratio of 1.43.

Impala Platinum Company Profile

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.