Exxaro Resources Limited (OTCMKTS:EXXAF) Short Interest Down 28.6% in February

Exxaro Resources Limited (OTCMKTS:EXXAF) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 1,500 shares, a drop of 28.6% from the February 13th total of 2,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 15.0 days.

Exxaro Resources Stock Performance

Shares of EXXAF stock remained flat at $8.38 during trading on Monday. The company has a 50-day moving average price of $9.12 and a 200-day moving average price of $9.47. Exxaro Resources has a 12 month low of $8.38 and a 12 month high of $10.50.

About Exxaro Resources

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia. The company produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms.