November 18, 2016 - By Winifred Garcia · 0 Comments
The stock of VEDANTA RESOURCES PLC (OTCMKTS:VDNRF) registered an increase of 0.29% in short interest. VDNRF’s total short interest was 422,100 shares in November as published by FINRA. Its up 0.29% from 420,900 shares, reported previously. With 600 shares average volume, it will take short sellers 704 days to cover their VDNRF’s short positions. The stock last traded at $10 per share. It is down 121.73% since April 18, 2016 and is uptrending. It has outperformed by 117.30% the S&P500.
Vedanta Resources plc is a natural resources company, which is engaged in exploring, extracting and processing minerals, and gas and oil. The company has a market cap of $2.70 billion. The Firm produces zinc, lead, silver, copper, aluminum, iron ore, gas and oil, and commercial power. It currently has negative earnings. The Company’s activities are located in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates.
More important recent Vedanta Resources plc (OTCMKTS:VDNRF) news were published by: Bloomberg.com which released: “Vedanta’s 132% Bond Return From Abyss Has Funds Expecting More” on September 16, 2016, also Moodys.com published article titled: “Moody’s: Vedanta Resources plc’s refinancing efforts boosted by dividend from …”, Moodys.com published: “Moody’s upgrades Vedanta Resources’ CFR to B1 from B2; outlook stable” on September 13, 2016. More interesting news about Vedanta Resources plc (OTCMKTS:VDNRF) was released by: Moodys.com and their article: “Moody’s: Vedanta Resources plc’s announced buybacks are opportunistic and are …” with publication date: April 05, 2016.
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By Winifred Garcia