Exxaro Resources Limited (OTCMKTS:EXXAF) Short Interest Up 600.0% in November

Exxaro Resources Limited (OTCMKTS:EXXAF) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 700 shares, an increase of 600.0% from the October 31st total of 100 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 0.9 days.

Exxaro Resources Stock Performance

Exxaro Resources stock remained flat at $9.30 during trading on Wednesday. Exxaro Resources has a 12 month low of $8.51 and a 12 month high of $10.61. The stock’s 50 day moving average price is $9.67 and its 200-day moving average price is $9.89.

About Exxaro Resources

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.