Time to Reconsider Wheaton Precious Metals Corphares (canada (NYSE:WPM) After Less Short Sellers?

July 16, 2018 - By Megan Stone

The stock of Wheaton Precious Metals Corphares (canada (NYSE:WPM) registered a decrease of 9.89% in short interest. WPM’s total short interest was 5.12 million shares in July as published by FINRA. Its down 9.89% from 5.68M shares, reported previously. With 1.46M shares average volume, it will take short sellers 4 days to cover their WPM’s short positions. The short interest to Wheaton Precious Metals Corphares (canada’s float is 1.16%.

The stock increased 0.64% or $0.14 during the last trading session, reaching $22.14. About 807,652 shares traded. Wheaton Precious Metals Corp. (NYSE:WPM) has risen 6.16% since July 16, 2017 and is uptrending. It has underperformed by 6.41% the S&P500.

Wheaton Precious Metals Corp. operates as a silver and gold streaming firm worldwide. The company has market cap of $10.43 billion. It has streaming agreements for 21 operating mines and 8 development stage projects. It has a 158.14 P/E ratio. The firm was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017.

More notable recent Wheaton Precious Metals Corp. (NYSE:WPM) news were published by: Fool.com which released: “Why This Gold and Silver Company Is Shifting Gears” on July 09, 2018, also Seekingalpha.com with their article: “Wheaton Precious Metals reaches streaming deal with Sibanye-Stillwater” published on July 16, 2018, Seekingalpha.com published: “Sell Kraft-Heinz At $64-65 – Cramer’s Lightning Round (6/21/18)” on June 22, 2018. More interesting news about Wheaton Precious Metals Corp. (NYSE:WPM) were released by: Fool.ca and their article: “When Electric Cars Explode, These Canadian Stocks Will Catch Fire” published on July 06, 2018 as well as Fool.com‘s news article titled: “Could Wheaton Precious Metals Be a Millionaire-Maker Stock?” with publication date: July 01, 2018.

Wheaton Precious Metals Corp. (NYSE:WPM) Ratings Chart

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