Whitehaven Coal Limited (OTCMKTS:WHITF) Short Interest Update

Whitehaven Coal Limited (OTCMKTS:WHITF) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 5,649,800 shares, a decline of 26.6% from the February 28th total of 7,702,100 shares. Based on an average daily volume of 35,800 shares, the days-to-cover ratio is presently 157.8 days.

Whitehaven Coal Stock Performance

Shares of OTCMKTS WHITF opened at $3.50 on Monday. The firm has a fifty day simple moving average of $3.69 and a two-hundred day simple moving average of $4.07. Whitehaven Coal has a 12 month low of $3.28 and a 12 month high of $6.16.

About Whitehaven Coal

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.