Whitehaven Coal Limited (OTCMKTS:WHITF) Short Interest Update

Whitehaven Coal Limited (OTCMKTS:WHITF) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,784,200 shares, a drop of 17.7% from the September 30th total of 2,169,000 shares. Based on an average daily trading volume, of 20,800 shares, the short-interest ratio is presently 85.8 days.

Whitehaven Coal Stock Up 1.1 %

OTCMKTS:WHITF opened at $4.55 on Monday. The business’s 50 day moving average is $4.52 and its two-hundred day moving average is $4.97. Whitehaven Coal has a 52 week low of $3.35 and a 52 week high of $6.16.

Whitehaven Coal Company Profile

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.