Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Short Interest Update

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 27,710 shares, a drop of 47.5% from the May 31st total of 52,797 shares. Based on an average trading volume of 736 shares, the days-to-cover ratio is currently 37.6 days.

Industrias Peñoles Trading Up 7.3%

Shares of IPOAF traded up $3.24 during trading hours on Thursday, hitting $47.44. The company had a trading volume of 210 shares, compared to its average volume of 1,987. Industrias Peñoles has a one year low of $25.00 and a one year high of $71.00. The company’s fifty day moving average price is $52.23 and its two-hundred day moving average price is $53.78.

About Industrias Peñoles

Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.