Glencore plc (OTCMKTS:GLCNF – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,464,237 shares, a growth of 643.7% from the September 15th total of 465,805 shares. Based on an average daily trading volume, of 28,941 shares, the short-interest ratio is presently 119.7 days.
Glencore Price Performance
GLCNF opened at $7.74 on Friday. The stock has a fifty day moving average of $7.73 and a 200-day moving average of $7.51. Glencore has a fifty-two week low of $4.35 and a fifty-two week high of $8.56.
About Glencore
Glencore plc is a Switzerland-based diversified natural resources company engaged in the production, processing, marketing and distribution of commodities. Its operations span metals and minerals, energy products and agricultural products, serving industrial customers and consumers around the world.
The company produces and markets commodities including copper, cobalt, zinc, nickel, ferroalloys, coal and oil. Through its marketing and trading activities, Glencore sources commodities from its own operations and third-party producers and supplies them to manufacturers, processors, utilities and other commercial customers.
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