Short Interest in Exxaro Resources Limited (OTCMKTS:EXXAF) Rises By 100.0%

Exxaro Resources Limited (OTCMKTS:EXXAF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 200 shares, an increase of 100.0% from the August 31st total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days.

Exxaro Resources Price Performance

Shares of OTCMKTS EXXAF remained flat at $10.50 during trading on Friday. Exxaro Resources has a 12 month low of $8.14 and a 12 month high of $10.61. The business’s 50-day moving average is $10.50 and its 200-day moving average is $9.83.

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.