Whitehaven Coal Limited (OTCMKTS:WHITF) Short Interest Update

Whitehaven Coal Limited (OTCMKTS:WHITF) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 1,784,200 shares, a decrease of 17.7% from the September 30th total of 2,169,000 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is currently 85.8 days.

Whitehaven Coal Trading Up 1.1 %

Shares of Whitehaven Coal stock opened at $4.55 on Monday. The business’s 50 day simple moving average is $4.52 and its 200-day simple moving average is $4.97. Whitehaven Coal has a twelve month low of $3.35 and a twelve month high of $6.16.

Whitehaven Coal Company Profile

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.