Great Panther Silver Sees Significant Increase in Short Interest (GPL)
Shares of Great Panther Silver (NYSE:GPL) were the recipient of a large increase in short interest in the month of June. As of June 13th, there was short interest totalling 883,407 shares, an increase of 47.9% from the May 30th total of 597,129 shares, Analyst RN reports. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 365,237 shares, the days-to-cover ratio is presently 2.4 days.
Great Panther Silver (NYSE:GPL) opened at 1.17 on Wednesday. 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 $1.04 and a 200-day moving average of $0.. The company’s market cap is $162.5 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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