Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 6,200 shares, a growth of 19.2% from the May 31st total of 5,200 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is currently 3.1 days.
Kumba Iron Ore Price Performance
KIROY traded down $0.09 during midday trading on Tuesday, hitting $8.16. 2,759 shares of the company traded hands, compared to its average volume of 1,007. The company’s 50-day moving average is $8.71 and its 200 day moving average is $9.14. Kumba Iron Ore has a 52 week low of $6.92 and a 52 week high of $11.16.
About Kumba Iron Ore
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