Exxaro Resources Limited (OTCMKTS:EXXAF) Sees Significant Increase in Short Interest

Exxaro Resources Limited (OTCMKTS:EXXAF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 900 shares, an increase of 12.5% from the March 31st total of 800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 9.0 days.

Exxaro Resources Stock Performance

OTCMKTS:EXXAF remained flat at $9.63 on Tuesday. Exxaro Resources has a 52 week low of $8.14 and a 52 week high of $10.61. The business’s fifty day moving average is $9.62 and its two-hundred day moving average is $9.97.

Exxaro Resources Company Profile

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.