The Navigator Company, S.A. (OTCMKTS:POELF – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 59,119 shares, a drop of 92.6% from the September 15th total of 794,499 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.
Navigator Price Performance
POELF remained flat at $3.48 on Friday. The company’s fifty day simple moving average is $3.59 and its 200 day simple moving average is $3.60. Navigator has a 52-week low of $3.48 and a 52-week high of $3.60.
About Navigator
The Navigator Company, SA is a Portuguese manufacturer of pulp, paper and related forest products. The company manages a vertically integrated business that includes forestry, wood procurement, pulp production and the manufacture of uncoated fine paper for office, publishing and commercial applications.
Navigator markets office paper under the Navigator brand and produces other paper products for international customers. Its activities also include tissue paper and packaging-related products, as well as the generation and sale of energy associated with its industrial operations.
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