New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 2,866,400 shares, an increase of 21.7% from the August 31st total of 2,355,600 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 988.4 days.
New Hope Stock Up 2.7 %
Shares of NHPEF stock traded up $0.09 during trading hours on Friday, hitting $3.40. The company’s stock had a trading volume of 4,980 shares, compared to its average volume of 2,541. The company has a 50 day moving average of $3.14 and a 200 day moving average of $3.14. New Hope has a 12-month low of $2.73 and a 12-month high of $4.20.
About New Hope
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