Short Interest in Glencore plc (OTCMKTS:GLNCY) Increases By 448.3%

Glencore plc (OTCMKTS:GLNCY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 262,100 shares, a growth of 448.3% from the February 29th total of 47,800 shares. Based on an average trading volume of 1,488,300 shares, the days-to-cover ratio is currently 0.2 days.

Glencore Price Performance

GLNCY opened at $10.89 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.29 and a quick ratio of 0.66. Glencore has a 12 month low of $9.26 and a 12 month high of $12.47. The stock has a fifty day moving average price of $10.19 and a 200-day moving average price of $10.84.

Glencore Company Profile

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.