Short Interest in Hochschild Mining plc (OTCMKTS:HCHDF) Declines By 83.3%
currently [] days. Hochschild Mining plc (OTCMKTS:HCHDF) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 500 shares, a drop of 83.3% from the April 30th total of 3,000 shares.
Hochschild Mining plc's (OTCMKTS : HCHDF – Get Rating) short interest dropped dramatically in May. On May 15th there were 500 shares of short interest, which is 83.3% less than the total of 3,000 on April 30th. The short-interest rate is currently 0.0 days based on a daily average of 22,800 shares.
Hochschild Mining Stock Performance
HCHDF shares fell $0.08 at midday on Thursday to $0.82. Stock of the company traded 7,102 shares compared to an average of 27,370. The company has a moving average of $1.01 for the last 50 days and $0.89 for the past 200. Hochschild Mining's 52-week low is $0.54, and its 52-week high is $1.49.
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Analysts set new price targets
A number of research analysts have commented on the stock. UBS Group reduced their price target on shares of Hochschild Mining by GBX 130 ($1.62), to GBX 125 (1.55) on Wednesday 1st February. Berenberg Bank increased their price target on shares of Hochschild Mining in a report published on Thursday, 2nd February from GBX90 ($1.12) up to GBX100 ($1.24). JPMorgan Chase & Co. reduced their price target on shares of Hochschild Mining in a report published on Thursday, May 11. The new objective was GBX 155, or $1.93.
Hochschild Mining Company Profile
Hochschild Mining Plc, a metals firm, focuses on exploration, mining and processing of silver and gold. It operates four mines in southern Peru as well as southern Argentina. The company, founded in 1911 by Mauricio Hoschild, has its headquarters in London.
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