Short Interest in Torex Gold Resources Inc. (OTCMKTS:TORXF) Rises By 18.5%

Torex Gold Resources Inc. (OTCMKTS:TORXF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 433,700 shares, a growth of 18.5% from the August 15th total of 366,100 shares. Based on an average daily trading volume, of 86,500 shares, the short-interest ratio is currently 5.0 days.

Torex Gold Resources Price Performance

Shares of OTCMKTS TORXF remained flat at $18.96 during mid-day trading on Friday. 69,396 shares of the company were exchanged, compared to its average volume of 42,358. The stock has a 50-day simple moving average of $17.11 and a 200 day simple moving average of $15.41. Torex Gold Resources has a 1 year low of $9.00 and a 1 year high of $20.00.

About Torex Gold Resources

Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.