The Navigator Company, S.A. (OTCMKTS:POELF) Short Interest Down 90.8% in July

The Navigator Company, S.A. (OTCMKTS:POELF) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 186,335 shares, a drop of 90.8% from the July 15th total of 2,017,841 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Navigator Stock Performance

Shares of POELF stock remained flat at $3.60 on Tuesday. Navigator has a 12-month low of $3.60 and a 12-month high of $3.62. The company has a 50-day simple moving average of $3.60 and a 200-day simple moving average of $3.61.

About Navigator

The Navigator Company, SA manufactures and markets pulp and paper products worldwide. The company operates through Market Pulp, UWF Paper, Tissue Paper, and Biomass Renewable Energy segments. It produces bleached eucalyptus kraft pulp, uncoated writing and printing thin paper, and domestic consumption paper under the Navigator, Multioffice, Discovery, explorer, Inacopia, Target, Pioneer, SOPORSET, INASET, and target plus brands for professional and home use. The company also operates cogeneration units and two independent thermoelectric power plants.