Northern Star Resources Limited (OTCMKTS:NESRF) Short Interest Up 23.3% in December

Northern Star Resources Limited (OTCMKTS:NESRF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 989,100 shares, an increase of 23.3% from the November 30th total of 802,500 shares. Based on an average daily volume of 18,400 shares, the days-to-cover ratio is presently 53.8 days.

Northern Star Resources Price Performance

Shares of NESRF stock traded down $0.81 during trading hours on Tuesday, hitting $9.90. 7,992 shares of the company’s stock traded hands, compared to its average volume of 8,616. The stock’s fifty day simple moving average is $10.82 and its two-hundred day simple moving average is $10.11. Northern Star Resources has a 12-month low of $7.69 and a 12-month high of $12.18.

Northern Star Resources Company Profile

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.