West African Resources Limited (OTCMKTS:WFRSF – Get Free Report) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,195,900 shares, an increase of 98.5% from the July 15th total of 602,500 shares. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is presently 184.0 days.
West African Resources Price Performance
Shares of OTCMKTS WFRSF remained flat at $0.77 during mid-day trading on Tuesday. The company’s 50-day simple moving average is $0.90 and its two-hundred day simple moving average is $0.79. West African Resources has a 52-week low of $0.40 and a 52-week high of $1.09.
West African Resources Company Profile
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