Short Interest in Exxaro Resources Limited (OTCMKTS:EXXAF) Grows By 83.3%

Exxaro Resources Limited (OTCMKTS:EXXAF) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,100 shares, a growth of 83.3% from the December 15th total of 600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 11.0 days.

Exxaro Resources Price Performance

OTCMKTS EXXAF remained flat at $8.55 during mid-day trading on Tuesday. The company had a trading volume of 20 shares, compared to its average volume of 1,110. The stock has a 50-day moving average price of $9.10 and a 200 day moving average price of $9.75. Exxaro Resources has a 12-month low of $8.51 and a 12-month high of $10.53.

Exxaro Resources Company Profile

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia. The company produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms.