Short Interest in Exxaro Resources Limited (OTCMKTS:EXXAF) Rises By 233.3%

Exxaro Resources Limited (OTCMKTS:EXXAF) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,000 shares, a growth of 233.3% from the September 30th total of 300 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 0.9 days.

Exxaro Resources Stock Performance

EXXAF remained flat at $9.60 on Friday. The firm has a 50 day moving average of $10.20 and a two-hundred day moving average of $9.93. Exxaro Resources has a 52 week low of $8.51 and a 52 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.