Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Short Interest Update

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 52,797 shares, a drop of 92.8% from the May 14th total of 729,915 shares. Based on an average trading volume of 1,020 shares, the short-interest ratio is currently 51.8 days.

Industrias Peñoles Price Performance

Industrias Peñoles stock remained flat at $50.00 during trading hours on Tuesday. 3,332 shares of the company’s stock were exchanged, compared to its average volume of 2,155. Industrias Peñoles has a 1-year low of $23.42 and a 1-year high of $71.00. The company’s 50 day simple moving average is $53.48 and its two-hundred day simple moving average is $53.24.

About Industrias Peñoles

Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.