Short Interest in Exxaro Resources Limited (OTCMKTS:EXXAF) Expands By 600.0%

Exxaro Resources Limited (OTCMKTS:EXXAF) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 700 shares, an increase of 600.0% from the October 31st total of 100 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 0.9 days.

Exxaro Resources Price Performance

EXXAF stock opened at $9.30 on Thursday. The business’s 50-day moving average is $9.67 and its two-hundred day moving average is $9.89. Exxaro Resources has a fifty-two week low of $8.51 and a fifty-two week high of $10.61.

Exxaro Resources Company Profile

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia. The company produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms.