Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Short Interest Down 47.5% in June

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 27,710 shares, a drop of 47.5% from the May 31st total of 52,797 shares. Based on an average trading volume of 736 shares, the short-interest ratio is presently 37.6 days.

Industrias Peñoles Stock Performance

OTCMKTS:IPOAF remained flat at $43.49 on Wednesday. 1,803 shares of the company’s stock were exchanged, compared to its average volume of 2,015. The stock’s 50-day simple moving average is $52.46 and its two-hundred day simple moving average is $53.78. Industrias Peñoles has a 52 week low of $25.00 and a 52 week high of $71.00.

About Industrias Peñoles

Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.