Anglo American plc (OTCMKTS:NGLOY) Short Interest Up 48.1% in March

Anglo American plc (OTCMKTS:NGLOY) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 11,400 shares, an increase of 48.1% from the February 28th total of 7,700 shares. Based on an average daily volume of 403,300 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NGLOY. Royal Bank of Canada upgraded Anglo American from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 18th. Sanford C. Bernstein lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Clarkson Capital raised shares of Anglo American to a “strong-buy” rating in a research note on Friday, February 28th. Finally, Citigroup lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Anglo American Trading Down 3.7 %

Shares of OTCMKTS:NGLOY traded down $0.54 during midday trading on Tuesday, reaching $13.98. The company’s stock had a trading volume of 295,922 shares, compared to its average volume of 211,775. The company has a quick ratio of 1.33, a current ratio of 1.98 and a debt-to-equity ratio of 0.56. The firm has a 50 day moving average of $15.08 and a 200-day moving average of $15.17. Anglo American has a 12-month low of $12.51 and a 12-month high of $17.60.

Anglo American Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Friday, March 14th will be issued a $0.11 dividend. The ex-dividend date is Friday, March 14th.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.