The Navigator Company, S.A. (OTCMKTS:POELF) Short Interest Down 96.5% in May

The Navigator Company, S.A. (OTCMKTS:POELF) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 25,272 shares, a decline of 96.5% from the May 14th total of 720,325 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Navigator Price Performance

Shares of Navigator stock remained flat at $3.60 on Thursday. The business’s 50-day simple moving average is $3.61 and its 200-day simple moving average is $3.62. Navigator has a 1-year low of $3.60 and a 1-year high of $3.63.

Navigator Company Profile

The Navigator Company, SA manufactures and markets pulp and paper products worldwide. The company operates through Market Pulp, UWF Paper, Tissue Paper, and Biomass Renewable Energy segments. It produces bleached eucalyptus kraft pulp, uncoated writing and printing thin paper, and domestic consumption paper under the Navigator, Multioffice, Discovery, explorer, Inacopia, Target, Pioneer, SOPORSET, INASET, and target plus brands for professional and home use. The company also operates cogeneration units and two independent thermoelectric power plants.