Platinum Group Metals Limited (NYSEAMERICAN:PLG) Short Interest Update

Share on StockTwits

Platinum Group Metals Limited (NYSEAMERICAN:PLG) (TSE:PTM) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 331,100 shares, a drop of 6.6% from the January 15th total of 354,600 shares. Based on an average daily volume of 194,400 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.8% of the company’s shares are short sold.

PLG stock opened at $2.04 on Friday. Platinum Group Metals has a 52-week low of $1.04 and a 52-week high of $2.98.

Platinum Group Metals (NYSEAMERICAN:PLG) (TSE:PTM) last posted its quarterly earnings data on Tuesday, January 14th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sprott Inc. raised its position in shares of Platinum Group Metals by 730.3% in the 4th quarter. Sprott Inc. now owns 2,046,472 shares of the basic materials company’s stock worth $3,488,000 after buying an additional 1,800,000 shares during the period. Renaissance Technologies LLC raised its position in Platinum Group Metals by 111.3% in the fourth quarter. Renaissance Technologies LLC now owns 49,859 shares of the basic materials company’s stock valued at $84,000 after purchasing an additional 26,259 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. raised its position in Platinum Group Metals by 277.0% in the third quarter. Liberty Mutual Group Asset Management Inc. now owns 10,133,503 shares of the basic materials company’s stock valued at $14,896,000 after purchasing an additional 7,445,758 shares during the period.

Platinum Group Metals Company Profile

Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. It explores for platinum, palladium, rhodium, gold, ruthenium, iridium, copper, and nickel deposits. The company holds 50.02% interest in the Waterberg project located on the North Limb of the Western Bushveld complex, South Africa.

See Also: How to calculate compound interest

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



Latest News

Healthcare Services Group, Inc.  Shares Acquired by Eagle Asset Management Inc.
Healthcare Services Group, Inc. Shares Acquired by Eagle Asset Management Inc.
Sherwin-Williams Co  Position Trimmed by Coastal Investment Advisors Inc.
Sherwin-Williams Co Position Trimmed by Coastal Investment Advisors Inc.
Eagle Asset Management Inc. Purchases 1,992 Shares of UMB Financial Corp
Eagle Asset Management Inc. Purchases 1,992 Shares of UMB Financial Corp
Eagle Asset Management Inc. Sells 3,193 Shares of AeroVironment, Inc.
Eagle Asset Management Inc. Sells 3,193 Shares of AeroVironment, Inc.
Coastal Investment Advisors Inc. Sells 1,728 Shares of Weyerhaeuser Co
Coastal Investment Advisors Inc. Sells 1,728 Shares of Weyerhaeuser Co
Eagle Asset Management Inc. Sells 3,592 Shares of Kornit Digital Ltd
Eagle Asset Management Inc. Sells 3,592 Shares of Kornit Digital Ltd


© 2006-2020 Ticker Report