Northern Star Resources Limited (OTCMKTS:NESRF) Sees Significant Growth in Short Interest

Northern Star Resources Limited (OTCMKTS:NESRF) saw a large growth in short interest in the month of 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 short-interest ratio is presently 336.8 days.

Northern Star Resources Stock Down 0.9 %

Shares of NESRF traded down $0.10 during midday trading on Friday, hitting $11.50. 6,841 shares of the company traded hands, compared to its average volume of 2,324. The firm has a 50 day moving average of $10.45 and a 200-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.

Northern Star Resources Company Profile

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.