Anglo American plc (OTCMKTS:NGLOY) Short Interest Update

Anglo American plc (OTCMKTS:NGLOY) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 65,900 shares, a decrease of 43.9% from the January 31st total of 117,500 shares. Based on an average trading volume of 477,100 shares, the days-to-cover ratio is presently 0.1 days.

Anglo American Stock Up 0.3 %

Shares of Anglo American stock opened at $14.72 on Tuesday. Anglo American has a 12-month low of $10.69 and a 12-month high of $17.60. 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 company’s 50-day moving average price is $15.05 and its 200-day moving average price is $15.06.

Anglo American Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 14th will be given a $0.11 dividend. The ex-dividend date is Friday, March 14th.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NGLOY. Royal Bank of Canada lowered shares of Anglo American from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Jefferies Financial Group upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a research note on Friday, November 29th. Citigroup lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th. Clarkson Capital raised shares of Anglo American to a “strong-buy” rating in a report on Friday. Finally, Sanford C. Bernstein downgraded shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Anglo American currently has a consensus rating of “Hold”.

About Anglo American

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.