Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Sees Large Decrease 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 October. As of October 31st, there was short interest totalling 1,940,400 shares, a decline of 8.8% from the October 15th total of 2,127,600 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 1,078.0 days.

Industrias Peñoles Stock Performance

Shares of IPOAF opened at $15.00 on Monday. Industrias Peñoles has a 12 month low of $11.43 and a 12 month high of $20.30. The stock has a fifty day moving average price of $14.10 and a 200 day moving average price of $13.95.

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.