KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Sees Large Decline in Short Interest

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 6,787 shares, a decrease of 93.7% from the August 15th total of 107,767 shares. Based on an average trading volume of 13 shares, the short-interest ratio is currently 522.1 days.

KGHM Polska Miedz Trading Down 2.6%

Shares of KGHM Polska Miedz stock traded down $2.47 on Thursday, hitting $92.91. 803 shares of the company traded hands, compared to its average volume of 995. KGHM Polska Miedz has a 12-month low of $38.87 and a 12-month high of $107.55. The company has a 50-day moving average price of $80.50 and a 200 day moving average price of $84.49.

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.