Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) Short Interest Update

Key Points

• Impala Platinum Holdings Ltd. saw a **significant decrease in short interest** of **61.6%** in July, with total short interest dropping to **44,000 shares** by July 31st.
• The company’s stock is currently trading at **$9.48**, with a 52-week range between **$3.95** and **$10.81**.
• Impala Platinum is engaged in the **mining and processing of platinum group metals** and operates primarily in South Africa and Zimbabwe.

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - Get Free Report) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 44,000 shares, adeclineof61.6% from the July 15th total of 114,700 shares. Currently,0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 660,600 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 660,600 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the shares of the company are sold short.

Impala Platinum Trading Up 2.2%

OTCMKTS IMPUY traded up $0.20 during trading on Thursday, hitting $9.30. 211,757 shares of the company's stock traded hands, compared to its average volume of 164,727. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.11 and a quick ratio of 1.37. Impala Platinum has a 12-month low of $3.95 and a 12-month high of $10.81. The business has a 50 day moving average of $9.45 and a 200-day moving average of $7.37.

About Impala Platinum

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.