Regis Resources Limited (OTCMKTS:RGRNF) Sees Large Growth in Short Interest

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 638,100 shares, an increase 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 currently 111.9 days.

Regis Resources Price Performance

Shares of RGRNF remained flat at $1.80 during mid-day trading on Friday. The business’s fifty day moving average is $1.65 and its 200-day moving average is $1.44. Regis Resources has a fifty-two week low of $0.93 and a fifty-two week high of $1.90.

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.