Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Update

Mineral Resources Limited (OTCMKTS:MALRY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 99,700 shares, a growth of 14,142.9% from the December 31st total of 700 shares. Based on an average trading volume of 60,400 shares, the days-to-cover ratio is presently 1.7 days.

Mineral Resources Price Performance

Shares of MALRY stock opened at $22.23 on Thursday. Mineral Resources has a 12-month low of $19.66 and a 12-month high of $53.35. The firm has a fifty day moving average of $22.03 and a 200-day moving average of $26.85.

Mineral Resources Company Profile

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.