The Navigator Company, S.A. (OTCMKTS:POELF) Short Interest Down 73.2% in August

The Navigator Company, S.A. (OTCMKTS:POELF) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 49,961 shares, a drop of 73.2% from the July 30th total of 186,335 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Navigator Stock Performance

Shares of OTCMKTS:POELF opened at $3.60 on Friday. The firm’s 50 day simple moving average is $3.60 and its 200 day simple moving average is $3.61. Navigator has a fifty-two week low of $3.60 and a fifty-two week high of $3.62.

Navigator Company Profile

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.