Toro Energy Limited (OTCMKTS:TOEYF) Sees Significant Increase in Short Interest

Toro Energy Limited (OTCMKTS:TOEYF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 31,400 shares, an increase of 797.1% from the October 15th total of 3,500 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is presently 6.2 days.

Toro Energy Trading Up 23.1 %

OTCMKTS:TOEYF traded up $0.04 during trading hours on Wednesday, reaching $0.22. The company’s stock had a trading volume of 1,144 shares, compared to its average volume of 2,015. Toro Energy has a one year low of $0.09 and a one year high of $0.49. The business’s 50-day moving average is $0.17 and its 200-day moving average is $0.20.

Toro Energy Company Profile

Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia. The company explores for uranium, nickel, gold, and base metals. Its flagship project is the Wiluna uranium project located in the northern goldfields region of Western Australia. Toro Energy Limited is headquartered in West Perth, Australia.