Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 633 shares, a growth of 168.2% from the October 15th total of 236 shares. Based on an average daily trading volume, of 1,455 shares, the short-interest ratio is presently 0.4 days.
Exxaro Resources Stock Performance
Exxaro Resources stock opened at $10.88 on Friday. Exxaro Resources has a twelve month low of $10.00 and a twelve month high of $13.39. The stock’s 50 day moving average is $11.15 and its 200 day moving average is $12.19.
About Exxaro Resources
Exxaro Resources is a South African mining and resources company with a primary focus on coal. It mines and markets coal for domestic customers, including the power sector, as well as for export markets. The company also has interests in renewable energy through Cennergi, which develops and operates wind-energy projects in South Africa. Its activities reflect a broader effort to diversify beyond its traditional coal business. Exxaro was established in 2006 through the combination of several South African mining businesses.
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