Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) Short Interest Update

Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,141,652 shares, an increase of 263.9% from the January 15th total of 313,767 shares. Based on an average trading volume of 794,730 shares, the short-interest ratio is presently 1.4 days. Approximately 6.2% of the shares of the company are short sold. Approximately 6.2% of the shares of the company are short sold. Based on an average trading volume of 794,730 shares, the short-interest ratio is presently 1.4 days.

Caledonia Mining Price Performance

Caledonia Mining stock traded up $2.30 during trading hours on Friday, hitting $30.00. 302,618 shares of the company traded hands, compared to its average volume of 584,338. Caledonia Mining has a 1-year low of $9.79 and a 1-year high of $38.75. The firm has a market cap of $576.60 million, a P/E ratio of 11.63 and a beta of 0.49. The firm’s 50-day simple moving average is $27.93 and its two-hundred day simple moving average is $28.64. The company has a quick ratio of 1.20, a current ratio of 1.78 and a debt-to-equity ratio of 0.02.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue bought a new stake in Caledonia Mining in the third quarter valued at about $27,000. Smartleaf Asset Management LLC raised its holdings in Caledonia Mining by 65.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $38,000 after buying an additional 411 shares during the period. Quarry LP bought a new position in Caledonia Mining in the third quarter valued at approximately $50,000. Optimum Investment Advisors acquired a new position in shares of Caledonia Mining in the third quarter valued at approximately $54,000. Finally, Virtus Advisers LLC bought a new stake in shares of Caledonia Mining during the fourth quarter worth $42,000. Institutional investors own 31.78% of the company’s stock.

About Caledonia Mining

Caledonia Mining Corporation PLC is a UK‐domiciled gold producer listed on the NYSE American under the ticker CMCL and on the London AIM market. The company’s flagship asset is the Blanket gold mine, located near Gwanda in southwestern Zimbabwe. Blanket is a conventional underground and surface gold operation that includes a carbon‐in‐leach processing plant and tailings retreatment facilities, providing a structurally diverse resource base and established production infrastructure.

Caledonia acquired the Blanket mine in 2004, adding to its long operating history that traces back to the early 20th century.