Whitehaven Coal Limited (OTCMKTS:WHITF) Sees Large Increase in Short Interest

by · The Markets Daily

Whitehaven Coal Limited (OTCMKTS:WHITF – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 2,319,400 shares, a growth of 118.5% from the August 31st total of 1,061,300 shares. Based on an average daily trading volume, of 64,800 shares, the days-to-cover ratio is presently 35.8 days.

Whitehaven Coal Stock Performance

WHITF stock opened at $4.87 on Friday. The company has a 50-day moving average of $4.64 and a two-hundred day moving average of $4.94. Whitehaven Coal has a 52-week low of $3.35 and a 52-week high of $6.16.

About Whitehaven Coal

(Get Free Report)

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.

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