Great Panther Silver Ltd (GPL) Short Interest Update
Great Panther Silver Ltd (NYSE:GPL) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 2,846,959 shares, a decline of 19.0% from the August 31st total of 3,514,601 shares. Based on an average trading volume of 1,116,607 shares, the short-interest ratio is presently 2.5 days. Currently, 1.8% of the shares of the stock are sold short.
Separately, Zacks Investment Research lowered Great Panther Silver from a “hold” rating to a “sell” rating in a report on Wednesday.
Great Panther Silver (NYSE:GPL) opened at 1.35 on Friday. The firm’s market capitalization is $224.54 million. The company’s 50-day moving average price is $1.35 and its 200-day moving average price is $1.41. Great Panther Silver has a 12-month low of $0.40 and a 12-month high of $2.25.
About Great Panther Silver
Great Panther Silver Limited (Great Panther) is a silver mining, and precious metals producer and exploration company. The Company holds interests in the Topia Mine and the Guanajuato Mine Complex (GMC). The Company’s segments include GMC, Topia, Exploration and Corporate. The Topia operations produce silver, gold, lead and zinc.
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