Texas Mineral Resources Corp. (OTCMKTS:TMRC) Short Interest Up 78.1% in April

Texas Mineral Resources Corp. (OTCMKTS:TMRC) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 95,100 shares, an increase of 78.1% from the March 31st total of 53,400 shares. Based on an average trading volume of 638,700 shares, the days-to-cover ratio is currently 0.1 days.

Texas Mineral Resources Price Performance

Shares of OTCMKTS:TMRC opened at $0.66 on Tuesday. The business’s 50 day simple moving average is $0.53 and its 200-day simple moving average is $0.38. Texas Mineral Resources has a 12 month low of $0.20 and a 12 month high of $0.96.

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.