Short Interest in Kumba Iron Ore Ltd. (OTCMKTS:KIROY) Declines By 76.0%

Key Points

• Short interest fell 76.0% to 9,145 shares as of April 15 from 38,139 on March 31, leaving a short-interest ratio of 0.4 days and approximately 0.0% of shares sold short.
• Share price context: the stock opened at $6.33, with a 52‑week range of $5.09–$8.47 and 50‑day and 200‑day moving averages near $6.80 and $6.90.
• Company profile: Kumba Iron Ore is a leading South African iron‑ore producer operating the Sishen and Kolomela open‑pit mines and supplying high‑quality hematite to global steelmakers.

Kumba Iron Ore Ltd. (OTCMKTS:KIROY - Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 9,145 shares, a decrease of 76.0% from the March 31st total of 38,139 shares. Based on an average trading volume of 23,829 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company's stock are sold short.

Kumba Iron Ore Price Performance

Shares of OTCMKTS:KIROY opened at $6.33 on Friday. Kumba Iron Ore has a 52-week low of $5.09 and a 52-week high of $8.47. The stock has a 50 day moving average price of $6.80 and a 200-day moving average price of $6.90.

About Kumba Iron Ore

Kumba Iron Ore, trading over the counter under the symbol KIROY, is one of South Africa’s leading iron ore producers. The company operates two primary open-pit mines—Sishen and Kolomela—located in the Northern Cape province. These operations focus on the extraction and processing of high-quality hematite ore, producing a range of lump and fine products that serve as essential feedstock for global steelmakers.

Established in 2001 following a demerger from parent companies, Kumba Iron Ore has grown its production capacity and operational efficiency through sustained investment in mining technology and infrastructure.

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