Northern Star Resources Limited (OTCMKTS:NESRF) Sees Large Increase in Short Interest

Northern Star Resources Limited (OTCMKTS:NESRF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 1,283,300 shares, an increase of 36.1% from the January 31st total of 943,100 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 298.4 days.

Northern Star Resources Stock Up 0.9 %

Shares of OTCMKTS:NESRF traded up $0.10 during midday trading on Wednesday, reaching $10.85. The company’s stock had a trading volume of 3,030 shares, compared to its average volume of 2,032. Northern Star Resources has a fifty-two week low of $8.50 and a fifty-two week high of $12.18. The firm has a 50 day moving average price of $10.66 and a two-hundred day moving average price of $10.68.

About Northern Star Resources

Northern Star Resources Limited engages in the exploration, development, mining, and processing of gold deposits. It also sells refined gold. It operates in Western Australia, the Northern Territory, and Alaska. The company was incorporated in 2000 and is headquartered in Subiaco, Australia.