Regis Resources Limited (OTCMKTS:RGRNF) Sees Significant Decrease in Short Interest

Regis Resources Limited (OTCMKTS:RGRNF) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 824,400 shares, a decline of 39.8% from the May 15th total of 1,368,500 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 412.2 days.

Regis Resources Stock Performance

Regis Resources stock traded up $0.16 during trading on Tuesday, hitting $3.47. The company’s stock had a trading volume of 700 shares, compared to its average volume of 6,640. The stock’s fifty day moving average is $2.96 and its 200 day moving average is $2.28. Regis Resources has a 1-year low of $0.93 and a 1-year high of $3.50.

About Regis Resources

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns interest in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales.