Short Interest in Platinum Group Metals (NYSEAMERICAN:PLG) Declines By 51.6%
Date: Apr 20, 2018
Platinum Group Metals (NYSEAMERICAN:PLG) (TSE:PTM) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,500,032 shares, a decrease of 51.6% from the February 28th total of 7,225,247 shares. Approximately 2.3% of the company’s stock are short sold. Based on an average daily trading volume, of 384,243 shares, the days-to-cover ratio is presently 9.1 days.
NYSEAMERICAN PLG traded down $0.01 on Thursday, reaching $0.24. The company had a trading volume of 313,234 shares, compared to its average volume of 797,121. Platinum Group Metals has a 52-week low of $0.22 and a 52-week high of $1.31.
