Antofagasta plc (OTCMKTS:ANFGF) Sees Significant Growth in Short Interest

Antofagasta plc (OTCMKTS:ANFGF) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,696,400 shares, an increase of 252.4% from the October 31st total of 481,400 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 2,423.4 days.

Antofagasta Stock Performance

Shares of Antofagasta stock remained flat at $20.83 on Friday. The stock had a trading volume of 6,636 shares, compared to its average volume of 5,118. Antofagasta has a 12 month low of $17.29 and a 12 month high of $30.88. The business’s 50-day simple moving average is $23.79 and its 200-day simple moving average is $25.27.

About Antofagasta

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.