KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Short Interest Down 85.9% in March

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 28 shares, a drop of 85.9% from the February 26th total of 198 shares. Based on an average daily volume of 1,196 shares, the short-interest ratio is presently 0.0 days.

KGHM Polska Miedz Price Performance

OTCMKTS KGHPF opened at $70.10 on Thursday. KGHM Polska Miedz has a 52-week low of $29.97 and a 52-week high of $107.55. The company has a fifty day moving average of $85.57 and a 200-day moving average of $66.78.

Analyst Ratings Changes

Separately, Citigroup cut shares of KGHM Polska Miedz from a “neutral” rating to a “sell” rating in a report on Monday, February 16th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, KGHM Polska Miedz currently has a consensus rating of “Hold”.

KGHM Polska Miedz Company Profile

KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi‐finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.

The company’s core operations are anchored in the Legnica‐Głogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.