KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) Stock Short Interest Climbs 266.8%

KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 19,457 shares, a growth of 266.8% from the October 15th total of 5,304 shares. Based on an average daily volume of 64 shares, the days-to-cover ratio is currently 304.0 days.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf started coverage on shares of KGHM Polska Miedz in a report on Tuesday, September 29th. They set a “neutral” rating for the company. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

KGHM Polska Miedz Stock Performance

KGHPF stock remained flat at $72.00 during mid-day trading on Friday. The firm’s fifty day simple moving average is $84.96 and its 200 day simple moving average is $84.72. KGHM Polska Miedz has a 52-week low of $50.29 and a 52-week high of $107.55.

KGHM Polska Miedz Company Profile

KGHM Polska Miedź S.A. is a Polish mining and metals company focused on the exploration, extraction and processing of copper ore. Its operations include mines and smelting facilities in Poland’s Lower Silesia region, where it produces refined copper and copper products. The company’s product range also includes silver, gold, lead and other metals recovered during mining and processing, as well as industrial by-products such as sulfuric acid. KGHM also has mining interests outside Poland, including operations in Chile and the United States.