Short Interest in Great Panther Silver Increases By 13.2% (GPL)
Great Panther Silver (NYSE:GPL) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 691,948 shares, a growth of 13.2% from the July 31st total of 611,318 shares, AnalystRatings.NET reports. Based on an average trading volume of 403,643 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.5% of the shares of the company are short sold.
Shares of Great Panther Silver (NYSE:GPL) opened at 1.19 on Wednesday. Great Panther Silver has a 52 week low of $0.66 and a 52 week high of $1.49. The stock has a 50-day moving average of $1.2 and a 200-day moving average of $1.14. The company’s market cap is $165.6 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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