Ferrexpo plc (OTCMKTS:FEEXF) Short Interest Up 105.6% in March

Ferrexpo plc (OTCMKTS:FEEXF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,464,000 shares, an increase of 105.6% from the February 28th total of 1,198,400 shares. Based on an average daily trading volume, of 13,600 shares, the days-to-cover ratio is currently 181.2 days.

Ferrexpo Price Performance

FEEXF traded down $0.11 during midday trading on Friday, hitting $0.74. 46,016 shares of the company traded hands, compared to its average volume of 12,238. The company’s 50-day moving average is $1.06 and its 200 day moving average is $0.98. Ferrexpo has a 52 week low of $0.54 and a 52 week high of $1.84.

About Ferrexpo

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services.