Thungela Resources Limited (OTCMKTS:TNGRF – Get Free Report) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 7,200 shares, a drop of 25.0% from the November 15th total of 9,600 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is presently 1.0 days.
Thungela Resources Price Performance
Shares of OTCMKTS:TNGRF opened at $7.05 on Friday. The company has a 50-day moving average price of $7.12 and a 200 day moving average price of $6.71. Thungela Resources has a 12 month low of $5.35 and a 12 month high of $9.00.
About Thungela Resources
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