Short Interest in Ferrexpo plc (OTCMKTS:FEEXF) Drops By 8.1%

Ferrexpo plc (OTCMKTS:FEEXF) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 125,600 shares, a decline of 8.1% from the October 15th total of 136,600 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 12.9 days.

Ferrexpo Stock Performance

Shares of FEEXF traded down $0.12 during trading hours on Monday, hitting $1.06. 1,600 shares of the company were exchanged, compared to its average volume of 11,434. Ferrexpo has a fifty-two week low of $0.54 and a fifty-two week high of $1.25. The firm’s fifty day moving average is $0.66 and its 200 day moving average is $0.64.

About Ferrexpo

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services.