Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Update

Mineral Resources Limited (OTCMKTS:MALRY) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 9,300 shares, an increase of 520.0% from the March 15th total of 1,500 shares. Based on an average daily trading volume, of 31,000 shares, the short-interest ratio is currently 0.3 days.

Mineral Resources Stock Up 9.5 %

Shares of Mineral Resources stock traded up $0.99 during trading hours on Monday, reaching $11.34. The company’s stock had a trading volume of 21,734 shares, compared to its average volume of 16,616. Mineral Resources has a one year low of $8.64 and a one year high of $53.35. The stock’s fifty day simple moving average is $15.20 and its two-hundred day simple moving average is $21.33.

About Mineral Resources

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.