Exxaro Resources Limited (OTCMKTS:EXXAF) Short Interest Up 233.3% in October

Exxaro Resources Limited (OTCMKTS:EXXAF) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 1,000 shares, a growth of 233.3% from the September 30th total of 300 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.9 days.

Exxaro Resources Stock Performance

EXXAF stock remained flat at $9.60 during trading on Friday. The business has a 50 day simple moving average of $10.20 and a 200 day simple moving average of $9.94. Exxaro Resources has a 1-year low of $8.51 and a 1-year high of $10.61.

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.