Short Interest in Exxaro Resources Limited (OTCMKTS:EXXAF) Decreases By 90.0%

Exxaro Resources Limited (OTCMKTS:EXXAF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 90.0% from the October 15th total of 1,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1.0 days.

Exxaro Resources Stock Performance

Shares of Exxaro Resources stock remained flat at $9.50 during midday trading on Tuesday. The firm’s 50 day moving average is $9.99 and its two-hundred day moving average is $9.93. Exxaro Resources has a one year low of $8.51 and a one year 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.