The stock of ARCH COAL INCORPORATED (OTCMKTS:ACIIQ) registered an increase of 2.21% in short interest. ACIIQ’s total short interest was 2.26M shares in April as published by FINRA. Its up 2.21% from 2.22 million shares, reported previously. With 140,400 shares average volume, it will take short sellers 16 days to cover their ACIIQ’s short positions. The stock increased 1.67% or $0.005 on March 31, hitting $0.305. About 119,843 shares traded hands. Arch Coal Inc (OTCMKTS:ACIIQ) has declined 92.53% since August 25, 2015 and is downtrending. It has underperformed by 102.82% the S&P500.
Arch Coal, Inc. is a coal producer, which sells all of its coal to power plants, steel mills and industrial facilities. The company has a market cap of $6.54 million. The Firm is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. It currently has negative earnings. It operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.
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