Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Sees Significant Decline in Short Interest

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 3,252,800 shares, a decline of 6.9% from the August 15th total of 3,492,100 shares. Based on an average trading volume of 242,400 shares, the short-interest ratio is presently 13.4 days.

Industrias Peñoles Price Performance

Shares of IPOAF opened at $13.20 on Thursday. The stock’s 50-day simple moving average is $13.13 and its 200 day simple moving average is $14.16. Industrias Peñoles has a 52-week low of $10.80 and a 52-week high of $20.30.

Industrias Peñoles Company Profile

Industrias Peñoles, SAB. de C.V., together with its subsidiaries, engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments.