Short Interest in Exxaro Resources Limited (OTCMKTS:EXXAF) Increases By 81.8%

Exxaro Resources Limited (OTCMKTS:EXXAF) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 2,000 shares, a growth of 81.8% from the January 15th total of 1,100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 10.0 days.

Exxaro Resources Price Performance

OTCMKTS:EXXAF remained flat at $9.70 during trading hours on Friday. Exxaro Resources has a twelve month low of $8.43 and a twelve month high of $10.50. The stock’s fifty day moving average price is $8.96 and its 200 day moving average price is $9.61.

About Exxaro Resources

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.