Hochschild Mining plc (OTCMKTS:HCHDF) Sees Significant Increase in Short Interest

Hochschild Mining plc (OTCMKTS:HCHDF) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 9,600 shares, an increase of 700.0% from the December 31st total of 1,200 shares. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is presently 0.5 days.

Hochschild Mining Stock Performance

Shares of HCHDF stock traded down $0.07 during midday trading on Tuesday, reaching $2.12. 31,412 shares of the stock were exchanged, compared to its average volume of 47,638. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $2.67 and its two-hundred day moving average is $2.55. Hochschild Mining has a 1 year low of $1.09 and a 1 year high of $3.20.

Wall Street Analysts Forecast Growth

HCHDF has been the subject of a number of recent research reports. Barclays upgraded shares of Hochschild Mining to a “strong-buy” rating in a report on Wednesday, October 16th. Royal Bank of Canada lowered shares of Hochschild Mining from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Finally, Berenberg Bank downgraded Hochschild Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 16th.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.