Short Interest in Whitehaven Coal Limited (OTCMKTS:WHITF) Declines By 14.9%

Whitehaven Coal Limited (OTCMKTS:WHITF) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 455,000 shares, a drop of 14.9% from the June 30th total of 534,900 shares. Based on an average daily volume of 56,600 shares, the short-interest ratio is presently 8.0 days.

Whitehaven Coal Trading Down 2.1 %

OTCMKTS WHITF opened at $4.99 on Tuesday. Whitehaven Coal has a 12-month low of $3.88 and a 12-month high of $6.16. The firm’s 50 day moving average is $5.37 and its 200-day moving average is $5.06.

About Whitehaven Coal

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.