JSC National Atomic Company Kazatomprom (OTCMKTS:NATKY) Sees Large Increase in Short Interest

JSC National Atomic Company Kazatomprom (OTCMKTS:NATKY) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 21,859 shares, a growth of 82.2% from the February 26th total of 12,000 shares. Based on an average daily volume of 178 shares, the days-to-cover ratio is currently 122.8 days.

JSC National Atomic Company Kazatomprom Stock Performance

OTCMKTS:NATKY opened at $79.97 on Friday. The company’s 50-day moving average price is $78.26 and its two-hundred day moving average price is $63.04. JSC National Atomic Company Kazatomprom has a 12 month low of $27.30 and a 12 month high of $91.26.

JSC National Atomic Company Kazatomprom Company Profile

JSC National Atomic Company Kazatomprom is Kazakhstan’s state‐owned uranium producer and the world’s largest supplier of natural uranium oxide. Founded in 1997 and headquartered in Astana, Kazatomprom oversees the country’s exploration, mining and export of uranium and related services. The company holds mineral rights for a number of significant in‐situ leaching (ISL) uranium deposits and conducts downstream activities through various joint ventures and subsidiaries.

Kazatomprom’s core operations focus on the recovery and processing of uranium ore into U3O8 concentrate.