Glencore plc (OTCMKTS:GLCNF) Short Interest Up 26.0% in February

Glencore plc (OTCMKTS:GLCNF) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,954,300 shares, an increase of 26.0% from the February 13th total of 3,138,700 shares. Based on an average daily volume of 62,800 shares, the short-interest ratio is currently 63.0 days.

Glencore Trading Down 0.7 %

Shares of Glencore stock traded down $0.03 on Tuesday, hitting $4.20. The company had a trading volume of 35,523 shares, compared to its average volume of 37,121. The business has a 50-day simple moving average of $4.32 and a 200-day simple moving average of $4.77. Glencore has a 52 week low of $3.96 and a 52 week high of $6.40.

About Glencore

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.