Short Interest in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) Increases By 17.5%
newscatcher
2023-06-18 17:34
Short Interest in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) Increases By 17.5%
Caledonia Mining Co. Plc ( NYSEAMERICAN:CMCL – Get Rating ) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 146,700 shares, an increase of 17.5% from the May 15th total of 124,800 shares. Based on an average daily trading volume, of 79,300 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.5% of the company's stock are sold short. Analyst Upgrades and Downgrades Separately, Liberum Capital downgraded Caledonia Mining from a 'buy' rating to a 'hold' rating in a report on Monday, April 24th.

https://www.dailypolitical.com/2023/06/18/short-interest-in-caledonia-mining-co-plc-nyseamericancmcl-increases-by-17-5.html

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