Whitehaven Coal Limited (OTCMKTS:WHITF) Short Interest Down 28.5% in April

Whitehaven Coal Limited (OTCMKTS:WHITFGet Free Report) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 4,173,400 shares, a decline of 28.5% from the March 31st total of 5,838,200 shares. Based on an average daily volume of 71,500 shares, the days-to-cover ratio is currently 58.4 days.

Whitehaven Coal Price Performance

Whitehaven Coal stock opened at $3.14 on Friday. The business’s fifty day simple moving average is $3.32 and its two-hundred day simple moving average is $3.81. Whitehaven Coal has a 12 month low of $2.50 and a 12 month high of $6.16.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered Whitehaven Coal from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 8th.

View Our Latest Stock Analysis on Whitehaven Coal

Whitehaven Coal Company Profile

(Get Free Report)

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.

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