Short Interest in Mineral Resources Limited (OTCMKTS:MALRY) Rises By 14,142.9%

Mineral Resources Limited (OTCMKTS:MALRY) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 99,700 shares, a growth of 14,142.9% from the December 31st total of 700 shares. Based on an average daily trading volume, of 60,400 shares, the days-to-cover ratio is presently 1.7 days.

Mineral Resources Stock Performance

Shares of Mineral Resources stock opened at $22.37 on Wednesday. The business has a 50-day moving average of $22.03 and a 200 day moving average of $26.97. Mineral Resources has a 12 month low of $19.66 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.