KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Stock Short Interest Climbs 266.8%

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 19,457 shares, an increase of 266.8% from the October 15th total of 5,304 shares. Based on an average daily volume of 64 shares, the days-to-cover ratio is presently 304.0 days.

Wall Street Analyst Weigh In

Separately, Oddo Bhf started coverage on KGHM Polska Miedz in a report on Tuesday, September 29th. They set a “neutral” rating for the company. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

KGHM Polska Miedz Price Performance

Shares of OTCMKTS:KGHPF remained flat at $72.00 during midday trading on Thursday. 27 shares of the stock were exchanged, compared to its average volume of 907. KGHM Polska Miedz has a 1 year low of $50.29 and a 1 year high of $107.55. The firm has a fifty day moving average price of $85.41 and a two-hundred day moving average price of $84.86.

KGHM Polska Miedz Company Profile

KGHM Polska Mied? S.A. is a Polish mining and metals company focused on the exploration, extraction and processing of copper ore. Its operations include mines and smelting facilities in Poland’s Lower Silesia region, where it produces refined copper and copper products. The company’s product range also includes silver, gold, lead and other metals recovered during mining and processing, as well as industrial by-products such as sulfuric acid. KGHM also has mining interests outside Poland, including operations in Chile and the United States.