Neometals Ltd (OTCMKTS:RRSSF) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 105,300 shares, a growth of 488.3% from the August 15th total of 17,900 shares. Based on an average trading volume of 40,500 shares, the days-to-cover ratio is presently 2.6 days.
Shares of OTCMKTS:RRSSF opened at 0.62 on Wednesday. Neometals has a 1-year low of 0.05 and a 1-year high of 0.66. The stock’s fifty day simple moving average is 0.51.
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