Short Interest in Exxaro Resources Limited (OTCMKTS:EXXAF) Expands By 11.1%

Exxaro Resources Limited (OTCMKTS:EXXAF) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 1,000 shares, an increase of 11.1% from the May 15th total of 900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 10.0 days.

Exxaro Resources Stock Down 2.0 %

Exxaro Resources stock traded down $0.20 during mid-day trading on Tuesday, reaching $9.45. The company’s stock had a trading volume of 200 shares, compared to its average volume of 562. Exxaro Resources has a 12 month low of $8.14 and a 12 month high of $10.61. The business’s 50 day simple moving average is $9.65 and its 200 day simple moving average is $9.94.

About Exxaro Resources

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.