Northam Platinum Holdings Limited (OTCMKTS:NPTLF) Short Interest Update

Northam Platinum Holdings Limited (OTCMKTS:NPTLF) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 42,580 shares, an increase of 74.0% from the July 15th total of 24,474 shares. Based on an average daily volume of 52 shares, the short-interest ratio is presently 818.8 days.

Northam Platinum Price Performance

Shares of Northam Platinum stock remained flat at $16.06 on Tuesday. The stock had a trading volume of 100 shares, compared to its average volume of 742. The business has a 50-day simple moving average of $20.64 and a 200-day simple moving average of $21.78. Northam Platinum has a 1-year low of $13.44 and a 1-year high of $28.95.

About Northam Platinum

Northam Platinum (OTCMKTS:NPTLF) is a South African precious metals mining company focused on the exploration, extraction and processing of platinum group metals (PGMs). Its principal products include platinum, palladium, rhodium and gold, which are sold into global markets for use in automotive catalysts, industrial applications and jewellery manufacturing. The company’s integrated business model spans mining, smelting, base metal removal (BMR) and refining, allowing it to capture value throughout the production chain.

The company’s core operations are located on the Bushveld Complex in South Africa’s North West and Mpumalanga provinces.