JSC National Atomic Company Kazatomprom (OTCMKTS:NATKY) Short Interest Down 87.8% in May

JSC National Atomic Company Kazatomprom (OTCMKTS:NATKY) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 2,151 shares, a decrease of 87.8% from the May 14th total of 17,679 shares. Based on an average trading volume of 936 shares, the short-interest ratio is currently 2.3 days.

JSC National Atomic Company Kazatomprom Stock Performance

JSC National Atomic Company Kazatomprom stock remained flat at $67.50 during midday trading on Wednesday. 1,024 shares of the company were exchanged, compared to its average volume of 836. The firm has a 50 day simple moving average of $78.69 and a two-hundred day simple moving average of $72.02. JSC National Atomic Company Kazatomprom has a twelve month low of $38.02 and a twelve month high of $92.96.

About JSC National Atomic Company Kazatomprom

JSC National Atomic Company Kazatomprom is Kazakhstan’s state‐owned uranium producer and the world’s largest supplier of natural uranium oxide. Founded in 1997 and headquartered in Astana, Kazatomprom oversees the country’s exploration, mining and export of uranium and related services. The company holds mineral rights for a number of significant in‐situ leaching (ISL) uranium deposits and conducts downstream activities through various joint ventures and subsidiaries.

Kazatomprom’s core operations focus on the recovery and processing of uranium ore into U3O8 concentrate.