African Rainbow Minerals Limited (OTCMKTS:AFBOF) Short Interest Update

African Rainbow Minerals Limited (OTCMKTS:AFBOF) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 41,900 shares, a growth of 56.3% from the September 15th total of 26,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

African Rainbow Minerals Price Performance

AFBOF opened at $11.11 on Friday. The business’s fifty day simple moving average is $12.05 and its 200 day simple moving average is $11.56. African Rainbow Minerals has a 52 week low of $7.47 and a 52 week high of $12.60.

About African Rainbow Minerals

African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa and Malaysia. It explores for platinum group metals, nickel, coal, iron ore, manganese ore, and chrome ore, as well as gold. African Rainbow Minerals Limited was founded in 1933 and is based in Sandton, South Africa.