The Navigator Company, S.A. (OTCMKTS:POELF) Short Interest Update

The Navigator Company, S.A. (OTCMKTS:POELF) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 758,256 shares, a growth of 3,120.0% from the April 15th total of 23,548 shares. Based on an average daily volume of 1,631 shares, the days-to-cover ratio is currently 464.9 days.

Navigator Stock Performance

Shares of POELF stock remained flat at $3.60 during mid-day trading on Monday. The company’s 50-day simple moving average is $3.62 and its two-hundred day simple moving average is $3.62. Navigator has a fifty-two week low of $3.60 and a fifty-two week high of $3.63.

Navigator Company Profile

The Navigator Company, SA manufactures and markets pulp and paper products worldwide. The company operates through Market Pulp, UWF Paper, Tissue Paper, and Biomass Renewable Energy segments. It produces bleached eucalyptus kraft pulp, uncoated writing and printing thin paper, and domestic consumption paper under the Navigator, Multioffice, Discovery, explorer, Inacopia, Target, Pioneer, SOPORSET, INASET, and target plus brands for professional and home use. The company also operates cogeneration units and two independent thermoelectric power plants.