Polymetal International plc (OTCMKTS:POYYF) Sees Significant Growth in Short Interest

Polymetal International plc (OTCMKTS:POYYF) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 2,000,800 shares, a growth of 30.5% from the August 15th total of 1,533,700 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 235.4 days.

Polymetal International stock traded down $0.15 during midday trading on Monday, hitting $18.40. The stock had a trading volume of 1,800 shares, compared to its average volume of 9,547. The firm’s fifty day moving average is $20.71 and its two-hundred day moving average is $21.52. Polymetal International has a 52-week low of $18.14 and a 52-week high of $28.30.

About Polymetal International

Polymetal International Plc engages in the mining of gold and silver. It operates through the following segments: Magadan, Ural, Khabarovsk, and Kazakhstan. The Magadan segment consists of operations in Dukat, Omolon, and Mayskoye. The Ural segment focuses on the operation in Voro. The Khabarovsk segment comprises of operations in Albazino, Okhotsk, and Svetloye.

Read More: Understanding dividend yield and dividend payout ratio

Receive News & Ratings for Polymetal International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polymetal International and related companies with MarketBeat.com's FREE daily email newsletter.