Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Down 22.2% in December

Sandfire Resources America Inc. (OTCMKTS:SRAFF) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 9,100 shares, a decline of 22.2% from the December 15th total of 11,700 shares. Based on an average daily volume of 66,400 shares, the short-interest ratio is presently 0.1 days.

Sandfire Resources America Stock Performance

Shares of Sandfire Resources America stock traded up $0.00 during mid-day trading on Thursday, hitting $0.23. The stock had a trading volume of 16,951 shares, compared to its average volume of 246,750. The firm has a 50-day moving average of $0.21 and a two-hundred day moving average of $0.23. Sandfire Resources America has a 12-month low of $0.04 and a 12-month high of $0.35.

About Sandfire Resources America

Sandfire Resources America Inc engages in the acquisition, exploration, and development of resource properties in the United States and Canada. The company explores for copper, cobalt, zinc, lead, and silver deposits. Its flagship property is the Black Butte copper project that consists of approximately 7,684 acres of fee-simple lands and 4,541 acres in 239 Federal unpatented lode-mining claims located in central Montana, the United States.