Ferrexpo plc (OTCMKTS:FEEXF) Sees Large Growth in Short Interest

Ferrexpo plc (OTCMKTS:FEEXF) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 136,600 shares, a growth of 10.5% from the September 30th total of 123,600 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is currently 40.2 days.

Ferrexpo Price Performance

FEEXF remained flat at $0.70 during trading on Thursday. Ferrexpo has a 12 month low of $0.54 and a 12 month high of $1.15. The stock has a fifty day simple moving average of $0.60 and a two-hundred day simple moving average of $0.62.

Ferrexpo Company Profile

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services.