Kumba Iron Ore Ltd. (OTCMKTS:KIROY) Short Interest Update

Kumba Iron Ore Ltd. (OTCMKTS:KIROYGet Free Report) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 11,955 shares, a decrease of 16.3% from the February 12th total of 14,286 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 4,758 shares, the days-to-cover ratio is currently 2.5 days. Based on an average daily volume of 4,758 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.0% of the shares of the company are short sold.

Kumba Iron Ore Trading Up 1.3%

KIROY traded up $0.08 during trading on Monday, hitting $6.33. 12,581 shares of the stock were exchanged, compared to its average volume of 8,197. Kumba Iron Ore has a 1-year low of $4.78 and a 1-year high of $8.47. The stock has a fifty day moving average price of $7.55 and a two-hundred day moving average price of $6.86.

Kumba Iron Ore Company Profile

(Get Free Report)

Kumba Iron Ore, trading over the counter under the symbol KIROY, is one of South Africa’s leading iron ore producers. The company operates two primary open-pit mines—Sishen and Kolomela—located in the Northern Cape province. These operations focus on the extraction and processing of high-quality hematite ore, producing a range of lump and fine products that serve as essential feedstock for global steelmakers.

Established in 2001 following a demerger from parent companies, Kumba Iron Ore has grown its production capacity and operational efficiency through sustained investment in mining technology and infrastructure.

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