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Harmony Gold Mining Shares Rally 7.22 Percent

Harmony Gold Mining Shares Rally 7.22 Percent
April 06
05:30 2015

Shares of Harmony Gold Mining Company Limited (NYSE:HMY) appreciated by 7.22% during the past week but lost 1.03% on a 4-week basis. The shares have outperformed the S&P 500 by 6.91% in the past week but underperformed the index by 0.82% in the last 4 weeks.

Harmony Gold Mining Company Limited (NYSE:HMY) faced a 3.02% cut in its share price in the most recent trading session. Bearish sentiments were clearly visible in the counter as the shares, which had opened at $1.96, failed to make any significant gains due to the relentless selling pressure, which saw the share price drop to $1.9. The last trade was registered at $1.93, down 0.06 points, and the volume was measured at 2,193,240 shares. The shares had closed the previous day trading session at $1.99. The company has a market cap of $842 million and the 52-week high of the share price is $3.44.

Harmony Gold Mining Company Limited (NYSE:HMY) has a short ratio of 2.08 , which means that the counter should take 2.08 days to cover the total short interest. A high short ratio indicates a high build-up of short positions in the counter whereas a low short ratio implies that there are fewer short positions. The average daily volume for the last 20 days is 3,053,894 shares. The volume traded during the last 20 days is 0.7% of the total outstanding shares. The 1-month % change in short interest is -17.74%.The shares have witnessed a change of 71.05% in short interest in the past 3 months. The total monthly shares shorted are 0.0112 times the total common shares outstanding.

Source: Elizabeth Nichols

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Elizabeth Nichols

Elizabeth Nichols

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