Short Interest in Glencore plc (OTCMKTS:GLCNF) Increases By 7.6%

Glencore plc (OTCMKTS:GLCNF) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 2,701,700 shares, a growth of 7.6% from the November 15th total of 2,510,100 shares. Based on an average daily volume of 92,300 shares, the short-interest ratio is currently 29.3 days.

Glencore Price Performance

OTCMKTS GLCNF opened at $4.68 on Tuesday. The company has a 50 day simple moving average of $5.07 and a 200-day simple moving average of $5.38. Glencore has a 52-week low of $4.60 and a 52-week high of $6.40.

About Glencore

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.