The Navigator Company, S.A. (OTCMKTS:POELF) Sees Significant Increase in Short Interest

The Navigator Company, S.A. (OTCMKTS:POELF) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 2,017,841 shares, a growth of 7,120.0% from the June 30th total of 27,948 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Navigator Stock Performance

OTCMKTS POELF remained flat at $3.60 during trading on Friday. Navigator has a 12 month low of $3.60 and a 12 month high of $3.62. The firm’s fifty day moving average price is $3.60 and its 200-day moving average price is $3.61.

About Navigator

The Navigator Company, SA manufactures and markets pulp and paper products worldwide. The company operates through Market Pulp, UWF Paper, Tissue Paper, and Biomass Renewable Energy segments. It produces bleached eucalyptus kraft pulp, uncoated writing and printing thin paper, and domestic consumption paper under the Navigator, Multioffice, Discovery, explorer, Inacopia, Target, Pioneer, SOPORSET, INASET, and target plus brands for professional and home use. The company also operates cogeneration units and two independent thermoelectric power plants.