Anglo American Platinum Limited (OTCMKTS:ANGPY) Sees Large Growth in Short Interest

Anglo American Platinum Limited (OTCMKTS:ANGPY) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 138,300 shares, an increase of 175.5% from the March 31st total of 50,200 shares. Based on an average trading volume of 242,400 shares, the short-interest ratio is currently 0.6 days.

Anglo American Platinum Price Performance

ANGPY traded up $0.13 during mid-day trading on Friday, reaching $5.79. 218,548 shares of the stock were exchanged, compared to its average volume of 66,778. The company has a 50 day moving average price of $6.70 and a two-hundred day moving average price of $6.80. Anglo American Platinum has a 1 year low of $5.06 and a 1 year high of $10.80.

Anglo American Platinum Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 28th were given a dividend of $0.0573 per share. The ex-dividend date of this dividend was Wednesday, March 27th.

About Anglo American Platinum

Anglo American Platinum Limited engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, North America, and internationally. The company produces platinum, palladium, rhodium, ruthenium, and iridium; and nickel, copper, cobalt sulphate, sodium sulphate, and chrome, as well as gold.