Short Interest in Kumba Iron Ore Limited (OTCMKTS:KUMBF) Increases By 60.3%

Kumba Iron Ore Limited (OTCMKTS:KUMBF) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 541,800 shares, a growth of 60.3% from the November 30th total of 337,900 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

Kumba Iron Ore Price Performance

OTCMKTS:KUMBF remained flat at $24.05 during mid-day trading on Friday. The firm has a 50 day simple moving average of $24.04 and a 200-day simple moving average of $23.99. Kumba Iron Ore has a 12 month low of $23.52 and a 12 month high of $30.00.

About Kumba Iron Ore

Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.