Anglo American plc (OTCMKTS:NGLOY) Short Interest Update

Anglo American plc (OTCMKTS:NGLOY) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 56,600 shares, a drop of 51.2% from the October 31st total of 116,000 shares. Based on an average daily volume of 562,400 shares, the short-interest ratio is presently 0.1 days.

Anglo American Stock Performance

Shares of OTCMKTS:NGLOY opened at $15.17 on Thursday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33. The firm has a 50 day moving average of $15.29 and a 200 day moving average of $15.14. Anglo American has a 52 week low of $10.37 and a 52 week high of $17.60.

Wall Street Analysts Forecast Growth

NGLOY has been the subject of several research analyst reports. Berenberg Bank downgraded Anglo American from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Citigroup raised shares of Anglo American to a “strong-buy” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.