Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Short Interest Down 62.9% in February

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 646,000 shares, a drop of 62.9% from the January 31st total of 1,741,300 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is presently 239.3 days.

Industrias Peñoles Price Performance

Shares of Industrias Peñoles stock remained flat at $15.50 during trading on Friday. Industrias Peñoles has a 1 year low of $11.43 and a 1 year high of $20.30. The business’s 50-day moving average is $13.95 and its two-hundred day moving average is $13.98.

About Industrias Peñoles

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.