The Navigator Company, S.A. (OTCMKTS:POELF) Shares Shorted: Short Interest Down 92.6% in September

The Navigator Company, S.A. (OTCMKTS:POELF – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 59,119 shares, a decline of 92.6% from the September 15th total of 794,499 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

Navigator Price Performance

Shares of POELF remained flat at $3.48 during trading hours on Friday. Navigator has a twelve month low of $3.48 and a twelve month high of $3.60. The company has a 50-day simple moving average of $3.59 and a two-hundred day simple moving average of $3.60.

Navigator Company Profile

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The Navigator Company, SA is a Portuguese manufacturer of pulp, paper and related forest products. The company manages a vertically integrated business that includes forestry, wood procurement, pulp production and the manufacture of uncoated fine paper for office, publishing and commercial applications.

Navigator markets office paper under the Navigator brand and produces other paper products for international customers. Its activities also include tissue paper and packaging-related products, as well as the generation and sale of energy associated with its industrial operations.

Further Reading

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