Short Interest in Anglo American Platinum Limited (OTCMKTS:ANGPY) Increases By 167.1%

Anglo American Platinum Limited (OTCMKTS:ANGPY) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 16,762 shares, an increase of 167.1% from the April 30th total of 6,276 shares. Based on an average trading volume of 313,363 shares, the days-to-cover ratio is presently 0.1 days.

Anglo American Platinum Stock Performance

ANGPY opened at $13.79 on Friday. The stock’s 50 day simple moving average is $14.17 and its 200 day simple moving average is $14.32. Anglo American Platinum has a 1 year low of $6.26 and a 1 year high of $19.71.

About Anglo American Platinum

Anglo American Platinum PLC, trading in the United States as ADRs under the symbol ANGPY, is the world’s largest primary producer of platinum group metals (PGMs). The company’s core activities encompass the mining, processing and marketing of PGMs, which include platinum, palladium, rhodium, ruthenium and iridium. In addition to these key metals, Anglo American Platinum also produces by-product nickel, copper, cobalt and chrome, leveraging its extensive mineral reserves.

The company’s mining operations are concentrated in South Africa’s Bushveld Complex, one of the richest PGM-bearing geological formations in the world.