Short Interest in Hochschild Mining plc (OTCMKTS:HCHDF) Drops By 99.8%

Hochschild Mining plc (OTCMKTS:HCHDF) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 900 shares, a drop of 99.8% from the November 15th total of 360,000 shares. Based on an average daily trading volume, of 10,700 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

HCHDF has been the topic of several recent research reports. Barclays raised shares of Hochschild Mining to a “strong-buy” rating in a research note on Wednesday, October 16th. Royal Bank of Canada raised Hochschild Mining to a “moderate buy” rating in a report on Monday, October 21st. Finally, Berenberg Bank downgraded Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th.

Hochschild Mining Price Performance

OTCMKTS HCHDF traded down $0.23 during trading on Friday, hitting $2.62. 11,690 shares of the company traded hands, compared to its average volume of 18,286. Hochschild Mining has a 12 month low of $1.00 and a 12 month high of $3.20. The business has a fifty day simple moving average of $2.81 and a 200 day simple moving average of $2.48.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.