Short Interest in Great Panther Silver Expands By 70.6% (GPL)
Shares of Great Panther Silver (NYSE:GPL) were the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 611,318 shares, an increase of 70.6% from the July 15th total of 358,230 shares, Analyst RN reports. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 665,374 shares, the days-to-cover ratio is currently 0.9 days.
Shares of Great Panther Silver (NYSE:GPL) traded up 3.15% on Monday, hitting $1.31. 345,005 shares of the company’s stock traded hands. Great Panther Silver has a 1-year low of $0.66 and a 1-year high of $1.49. The stock has a 50-day moving average of $1.2 and a 200-day moving average of $1.11. The company’s market cap is $182.0 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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