Short Interest in Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Declines By 71.5%

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 266,100 shares, a drop of 71.5% from the January 31st total of 933,400 shares. Based on an average daily volume of 260,900 shares, the short-interest ratio is presently 1.0 days.

Impala Platinum Stock Performance

Shares of OTCMKTS IMPUY traded down $0.09 during midday trading on Friday, reaching $4.86. 179,016 shares of the stock were exchanged, compared to its average volume of 154,808. Impala Platinum has a twelve month low of $3.09 and a twelve month high of $7.30. The company has a 50 day simple moving average of $5.22 and a 200 day simple moving average of $5.50. The company has a quick ratio of 1.43, a current ratio of 3.00 and a debt-to-equity ratio of 0.02.

Impala Platinum Company Profile

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.