Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Up 810.0% in February

Mineral Resources Limited (OTCMKTS:MALRY) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 18,200 shares, a growth of 810.0% from the February 13th total of 2,000 shares. Based on an average trading volume of 49,400 shares, the short-interest ratio is currently 0.4 days.

Mineral Resources Trading Up 3.0 %

Shares of MALRY stock traded up $0.40 on Friday, reaching $13.59. The company’s stock had a trading volume of 9,151 shares, compared to its average volume of 16,384. The stock’s 50 day simple moving average is $19.29 and its 200-day simple moving average is $23.35. Mineral Resources has a 12-month low of $13.01 and a 12-month high of $53.35.

About Mineral Resources

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.