Hochschild Mining plc (OTCMKTS:HCHDF) Sees Significant Growth in Short Interest

Hochschild Mining plc (OTCMKTS:HCHDF) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 152,000 shares, a growth of 1,467.0% from the February 13th total of 9,700 shares. Based on an average trading volume of 84,900 shares, the short-interest ratio is currently 1.8 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lowered Hochschild Mining from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 22nd.

Hochschild Mining Stock Performance

Hochschild Mining stock opened at $2.95 on Friday. Hochschild Mining has a 12 month low of $1.38 and a 12 month high of $3.20. The stock’s 50 day simple moving average is $2.46 and its two-hundred day simple moving average is $2.57. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.89.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.