KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Short Interest Up 35.7% in March

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 38 shares, a growth of 35.7% from the March 15th total of 28 shares. Based on an average daily volume of 421 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on KGHPF shares. Citigroup lowered KGHM Polska Miedz from a “neutral” rating to a “sell” rating in a research note on Monday, February 16th. UBS Group raised KGHM Polska Miedz to a “buy” rating in a research note on Thursday, April 9th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

KGHM Polska Miedz Stock Performance

Shares of KGHPF opened at $85.62 on Thursday. KGHM Polska Miedz has a 1 year low of $29.97 and a 1 year high of $107.55. The business has a 50-day moving average of $80.31 and a 200-day moving average of $70.65.

About KGHM Polska Miedz

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?G?ogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.