Glencore plc (OTCMKTS:GLCNF) Short Interest Up 7.6% in November

Glencore plc (OTCMKTS:GLCNF) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 2,701,700 shares, a growth of 7.6% from the November 15th total of 2,510,100 shares. Based on an average daily volume of 92,300 shares, the days-to-cover ratio is currently 29.3 days.

Glencore Price Performance

Shares of GLCNF stock opened at $4.68 on Tuesday. Glencore has a 12-month low of $4.60 and a 12-month high of $6.40. The firm has a fifty day moving average of $5.07 and a 200-day moving average of $5.38.

About Glencore

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.