Anglo American plc (OTCMKTS:NGLOY) Short Interest Up 42.9% in September

Anglo American plc (OTCMKTS:NGLOY) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 49,600 shares, an increase of 42.9% from the August 31st total of 34,700 shares. Based on an average trading volume of 347,000 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

NGLOY has been the topic of a number of recent analyst reports. BNP Paribas upgraded shares of Anglo American from a “neutral” rating to an “outperform” rating in a report on Friday, June 21st. UBS Group upgraded Anglo American from a “neutral” rating to a “buy” rating in a report on Friday, July 26th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Anglo American Stock Down 0.2 %

OTCMKTS NGLOY traded down $0.04 during trading hours on Friday, reaching $16.29. 97,922 shares of the company traded hands, compared to its average volume of 399,677. The company has a 50 day moving average of $14.41 and a two-hundred day moving average of $14.74. Anglo American has a 12 month low of $10.37 and a 12 month high of $17.60. The company has a current ratio of 1.85, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48.

Anglo American Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, October 4th. Investors of record on Friday, August 16th will be paid a $0.194 dividend. This is an increase from Anglo American’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, August 16th.

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.