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Decrease in Short Interest for North American Palladium
May. 12, 2014 09:22AM PST
Precious Metals InvestingWKRB News reported that North American Palladium (NYSE:PAL) has seen a sizeable decrease in short interest for its stocks. According to WKRB, North American Palladium has so far seen its one year low at $0.23 with a high of $1.34.
WKRB News reported that North American Palladium (NYSE:PAL) has seen a sizeable decrease in short interest for its stocks. According to WKRB, North American Palladium has so far seen its one year low at $0.23 with a high of $1.34.
As quoted in the publication:
As of April 30th, there was short interest totalling 14,342,274 shares, a decrease of 3.1% from the April 15th total of 14,797,355 shares, AnalystRatings.NET reports. Based on an average daily trading volume, of 3,900,820 shares, the days-to-cover ratio is presently 3.7 days. Currently, 5.7% of the company’s stock are sold short.