Great Panther Silver Sees Large Increase in Short Interest (GPL)
Shares of Great Panther Silver (NYSE:GPL) were the recipient of a significant growth in short interest in May. As of May 30th, there was short interest totalling 597,129 shares, a growth of 20.4% from the May 15th total of 495,807 shares, AnalystRatings.Net reports. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 374,071 shares, the short-interest ratio is currently 1.6 days.
Shares of Great Panther Silver (NYSE:GPL) traded up 1.46% on Tuesday, hitting $1.00. The stock had a trading volume of 284,995 shares. Great Panther Silver has a 52 week low of $0.65 and a 52 week high of $1.38. The stock has a 50-day moving average of $1.01 and a 200-day moving average of $0.95. The company’s market cap is $138.9 million.
Great Panther Silver Limited is a silver mining and exploration company. The Company’s activities are focused on the mining of precious and base metals from its two wholly owned mines in Mexico as of December 31, 2009.
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