Intrepid Potash

IPI

Intrepid Potash, Inc. (NYSE: IPI), based in Denver, Colorado, is a fertilizer manufacturer. The company is the largest producer of potassium chloride, also known as muriate of potash, in the United States. It owns three mines, all in the Western U.S., near the cities of Carlsbad, New Mexico, Moab, Utah, and Wendover, Utah.

Intrepid Potash has been a target of short sellers for a while. The current short interest of 2.93% is roughly at the average of the last 12 months (2.71%).