Short Interest in Texas Mineral Resources Corp. (OTCMKTS:TMRC) Expands By 56.4%

Texas Mineral Resources Corp. (OTCMKTS:TMRC) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 78,200 shares, an increase of 56.4% from the February 13th total of 50,000 shares. Based on an average daily trading volume, of 183,300 shares, the short-interest ratio is currently 0.4 days.

Texas Mineral Resources Trading Down 16.6 %

Shares of TMRC traded down $0.09 during midday trading on Friday, hitting $0.47. 398,907 shares of the stock were exchanged, compared to its average volume of 135,522. Texas Mineral Resources has a 52-week low of $0.20 and a 52-week high of $0.60. The stock has a fifty day simple moving average of $0.39 and a 200 day simple moving average of $0.32.

About Texas Mineral Resources

Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. Its flagship property is the Round Top rare earths project covering an area of 950 acres and prospecting permits covering 9,345 acres located in Hudspeth County, Texas. The company was formerly known as Texas Rare Earth Resources Corp.