Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Up 810.0% in February

Mineral Resources Limited (OTCMKTS:MALRY) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 18,200 shares, an increase of 810.0% from the February 13th total of 2,000 shares. Based on an average trading volume of 49,400 shares, the short-interest ratio is presently 0.4 days.

Mineral Resources Trading Up 3.0 %

Shares of OTCMKTS MALRY traded up $0.40 during midday trading on Friday, reaching $13.59. The company had a trading volume of 9,151 shares, compared to its average volume of 16,384. The business’s 50-day simple moving average is $19.29 and its 200 day simple moving average is $23.35. Mineral Resources has a 1 year low of $13.01 and a 1 year high of $53.35.

Mineral Resources Company Profile

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.