Regis Resources Limited (OTCMKTS:RGRNF) Sees Significant Increase in Short Interest

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,442,400 shares, an increase of 82.2% from the February 13th total of 1,340,400 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is presently 595.7 days.

Regis Resources Stock Up 10.2 %

OTCMKTS:RGRNF traded up $0.21 during mid-day trading on Friday, hitting $2.26. The stock had a trading volume of 33,000 shares, compared to its average volume of 8,028. The stock has a 50-day simple moving average of $1.91 and a two-hundred day simple moving average of $1.66. Regis Resources has a twelve month low of $0.93 and a twelve month high of $2.26.

About Regis Resources

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.