Pan African Resources PLC (OTCMKTS:PAFRF) Short Interest Update

Pan African Resources PLC (OTCMKTS:PAFRF) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 21,800 shares, a drop of 79.0% from the October 15th total of 103,600 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Pan African Resources Price Performance

Pan African Resources stock remained flat at $0.37 during midday trading on Wednesday. The company’s 50 day moving average price is $0.37 and its 200-day moving average price is $0.35. Pan African Resources has a 52-week low of $0.18 and a 52-week high of $0.41.

About Pan African Resources

Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company’s flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.