KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Short Interest Update

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 42,102 shares, an increase of 145.0% from the June 30th total of 17,186 shares. Based on an average trading volume of 219 shares, the short-interest ratio is currently 192.2 days.

KGHM Polska Miedz Stock Performance

Shares of OTCMKTS KGHPF opened at $76.22 on Tuesday. The stock’s 50 day moving average price is $89.80 and its 200-day moving average price is $86.56. KGHM Polska Miedz has a twelve month low of $33.99 and a twelve month high of $107.55.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on KGHPF. UBS Group upgraded KGHM Polska Miedz to a “buy” rating in a research note on Thursday, April 9th. Morgan Stanley reaffirmed an “overweight” rating on shares of KGHM Polska Miedz in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, KGHM Polska Miedz currently has a consensus rating of “Hold”.

KGHM Polska Miedz Company Profile

KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi‐finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.

The company’s core operations are anchored in the Legnica‐Głogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.