Regis Resources Limited (OTCMKTS:RGRNF) Short Interest Up 28.5% in December

Regis Resources Limited (OTCMKTS:RGRNF) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 638,100 shares, a growth of 28.5% from the December 15th total of 496,500 shares. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is presently 111.9 days.

Regis Resources Stock Performance

RGRNF remained flat at $1.80 during trading on Friday. Regis Resources has a 1-year low of $0.93 and a 1-year high of $1.90. The stock’s 50 day moving average is $1.65 and its 200-day moving average is $1.44.

Regis Resources Company Profile

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns interest in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales.