Could Platinum Group Metals Limited (NYSEAMERICAN:PLG) Go Up After Its Newest Short Interest Report?

Date: Jan 04, 2018
The stock of Platinum Group Metals Limited (NYSEAMERICAN:PLG) registered an increase of 3.16% in short interest. PLG’s total short interest was 6.51M shares in January as published by FINRA. Its up 3.16% from 6.31M shares, reported previously. With 743,600 shares average volume, it will take short sellers 9 days to cover their PLG’s short positions. The short interest to Platinum Group Metals Limited’s float is 5.79%.

The stock increased 3.17% or $0.0111 during the last trading session, reaching $0.3611. About 1.11 million shares traded or 78.56% up from the average. Platinum Group Metals Ltd. (NYSEAMERICAN:PLG) has declined 58.54% since January 3, 2017 and is downtrending. It has underperformed by 75.24% the S&P500.

To read full article please click here