Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 7,500 shares, a decrease of 74.1% from the May 15th total of 29,000 shares. Based on an average daily volume of 7,000 shares, the short-interest ratio is currently 1.1 days. Approximately 0.0% of the shares of the company are short sold.
Kumba Iron Ore Price Performance
Shares of OTCMKTS:KIROY traded up $0.02 during midday trading on Thursday, reaching $5.66. 536 shares of the company's stock were exchanged, compared to its average volume of 6,016. Kumba Iron Ore has a 12 month low of $4.78 and a 12 month high of $8.84. The company's 50 day simple moving average is $5.58 and its two-hundred day simple moving average is $6.11.
Kumba Iron Ore Company Profile
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Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.
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