Northern Star Resources Limited (OTCMKTS:NESRF) Short Interest Up 23.3% in December

Northern Star Resources Limited (OTCMKTS:NESRF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 989,100 shares, an increase of 23.3% from the November 30th total of 802,500 shares. Based on an average trading volume of 18,400 shares, the short-interest ratio is presently 53.8 days.

Northern Star Resources Stock Down 6.5 %

Shares of NESRF traded down $0.81 during midday trading on Tuesday, hitting $9.90. 7,992 shares of the company traded hands, compared to its average volume of 8,616. The firm has a 50 day moving average of $10.82 and a 200-day moving average of $10.11. Northern Star Resources has a 52 week low of $7.69 and a 52 week high of $12.18.

Northern Star Resources Company Profile

Northern Star Resources Limited engages in the exploration, development, mining, and processing of gold deposits. It also sells refined gold. It operates in Western Australia, the Northern Territory, and Alaska. The company was incorporated in 2000 and is headquartered in Subiaco, Australia.