Regis Resources Limited (OTCMKTS:RGRNF) Short Interest Update

Regis Resources Limited (OTCMKTS:RGRNF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 496,500 shares, an increase of 26.3% from the November 30th total of 393,000 shares. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is currently 134.2 days.

Regis Resources Price Performance

Shares of OTCMKTS RGRNF traded down $0.13 during midday trading on Tuesday, hitting $1.54. 8,832 shares of the company’s stock were exchanged, compared to its average volume of 8,828. The firm’s fifty day simple moving average is $1.69 and its 200-day simple moving average is $1.40. Regis Resources has a twelve month low of $0.93 and a twelve month high of $1.90.

About Regis Resources

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns interest in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales.