Short Interest in KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Grows By 145.0%

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 42,102 shares, a growth of 145.0% from the June 30th total of 17,186 shares. Based on an average daily trading volume, of 219 shares, the short-interest ratio is currently 192.2 days.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on KGHPF shares. Morgan Stanley reissued an “overweight” rating on shares of KGHM Polska Miedz in a research report on Monday, April 27th. UBS Group raised KGHM Polska Miedz to a “buy” rating in a report on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

KGHM Polska Miedz Price Performance

KGHPF stock opened at $76.22 on Thursday. KGHM Polska Miedz has a twelve month low of $33.99 and a twelve month high of $107.55. The business has a 50 day simple moving average of $89.07 and a 200-day simple moving average of $86.46.

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.