Anglo American plc (OTCMKTS:NGLOY) Short Interest Up 48.1% in March

Anglo American plc (OTCMKTS:NGLOY) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 11,400 shares, a growth of 48.1% from the February 28th total of 7,700 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 403,300 shares, the short-interest ratio is currently 0.0 days.

Anglo American Price Performance

NGLOY stock traded down $0.49 on Friday, hitting $14.52. The company’s stock had a trading volume of 132,344 shares, compared to its average volume of 211,162. Anglo American has a 1 year low of $12.51 and a 1 year high of $17.60. The company has a quick ratio of 1.33, a current ratio of 1.98 and a debt-to-equity ratio of 0.56. The firm has a 50 day moving average of $15.11 and a two-hundred day moving average of $15.15.

Anglo American Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 14th will be issued a dividend of $0.11 per share. The ex-dividend date is Friday, March 14th.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on NGLOY. Sanford C. Bernstein cut Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Citigroup lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th. Clarkson Capital upgraded shares of Anglo American to a “strong-buy” rating in a research report on Friday, February 28th. Finally, Royal Bank of Canada upgraded shares of Anglo American from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Anglo American currently has an average rating of “Moderate Buy”.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.