Atlatsa Resources Corp Short Interest Down 35.9% in August (ATL)
Atlatsa Resources Corp (NYSE:ATL) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 155,028 shares, a drop of 35.9% from the July 31st total of 241,835 shares, American Banking News.com reports. Based on an average daily trading volume, of 62,875 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.2% of the company’s shares are sold short.
Shares of Atlatsa Resources Corp (NYSE:ATL) opened at 0.3427 on Thursday. Atlatsa Resources Corp has a 1-year low of $0.28 and a 1-year high of $0.67. The stock has a 50-day moving average of $0.35 and a 200-day moving average of $0.4. The company has a market cap of $181.9 million and a price-to-earnings ratio of 0.91.
Atlatsa Resources Corp (NYSE:ATL) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.01) earnings per share for the quarter.
Atlatsa Resources Corporation, formerly Anooraq Resources Corporation is engaged in mining, exploration and development of mineral deposits located in the Bushveld Igneous Complex (NYSE:ATL), South Africa.
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