Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) Short Interest Up 222.7% in September

Key Points

• Short interest in Impala Platinum Holdings Ltd. surged by 222.7% in September, rising from 52,000 shares to a total of 167,800 shares as of September 30th.
• The company declared a $0.0647 dividend paid on September 29th, yielding 61.0% for stockholders of record as of September 22nd.
• Shares of Impala Platinum traded at $12.11 recently, following a notable increase in trading volume compared to its average.

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - ) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 167,800 shares, an increase of 222.7% from the September 15th total of 52,000 shares. Based on an average trading volume of 487,200 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 487,200 shares, the short-interest ratio is currently 0.3 days.

Impala Platinum Price Performance

Shares of IMPUY traded down $1.12 on Friday, hitting $12.11. The company's stock had a trading volume of 905,350 shares, compared to its average volume of 283,963. The firm's fifty day moving average price is $10.97 and its 200-day moving average price is $8.91. Impala Platinum has a fifty-two week low of $4.57 and a fifty-two week high of $13.76. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.74 and a quick ratio of 1.23.

Impala Platinum Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a $0.0647 dividend. This represents a dividend yield of 61.0%. The ex-dividend date was Friday, September 19th.

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.

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