Torex Gold Resources Inc. (OTCMKTS:TORXF) Short Interest Up 56.8% in August

Torex Gold Resources Inc. (OTCMKTS:TORXF) was the recipient of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 366,100 shares, a growth of 56.8% from the July 31st total of 233,500 shares. Based on an average daily volume of 68,800 shares, the short-interest ratio is presently 5.3 days.

Torex Gold Resources Price Performance

Shares of TORXF stock traded down $0.68 on Wednesday, reaching $19.12. 124,945 shares of the company were exchanged, compared to its average volume of 42,422. Torex Gold Resources has a one year low of $9.00 and a one year high of $19.93. The company has a 50-day moving average of $16.33 and a 200-day moving average of $14.68.

About Torex Gold Resources

Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.