Short Interest in Northern Star Resources Limited (OTCMKTS:NESRF) Rises By 33.5%

Northern Star Resources Limited (OTCMKTS:NESRF) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 943,100 shares, a growth of 33.5% from the January 15th total of 706,500 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 336.8 days.

Northern Star Resources Stock Down 0.9 %

Shares of NESRF traded down $0.10 during mid-day trading on Friday, hitting $11.50. 6,841 shares of the stock were exchanged, compared to its average volume of 2,324. The firm has a 50-day moving average of $10.45 and a two-hundred day moving average of $10.50. Northern Star Resources has a 52-week low of $8.11 and a 52-week high of $12.18.

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.