Exxaro Resources Limited (OTCMKTS:EXXAF) Sees Significant Growth in Short Interest

Exxaro Resources Limited (OTCMKTS:EXXAF) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 1,000 shares, a growth of 233.3% from the September 30th total of 300 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 0.9 days.

Exxaro Resources Stock Performance

EXXAF remained flat at $9.60 during trading on Friday. The business’s fifty day moving average is $10.20 and its two-hundred day moving average is $9.94. Exxaro Resources has a fifty-two week low of $8.51 and a fifty-two week high of $10.61.

About Exxaro Resources

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.