Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) Sees Large Decline in Short Interest

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 significant decline in short interest in July. As of July 31st, there was short interest totaling 44,000 shares, adeclineof61.6% from the July 15th total of 114,700 shares. Based on an average trading volume of 660,600 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average trading volume of 660,600 shares, the short-interest ratio is presently 0.1 days.

Impala Platinum Stock Down 3.8%

OTCMKTS:IMPUY traded down $0.36 during trading hours on Tuesday, reaching $9.07. The company's stock had a trading volume of 90,080 shares, compared to its average volume of 285,556. The firm has a 50-day simple moving average of $9.43 and a 200-day simple moving average of $7.32. 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 1 year low of $3.95 and a 1 year high of $10.81.

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.