Mineral Resources Limited (OTCMKTS:MALRY) Sees Large Decrease in Short Interest

Mineral Resources Limited (OTCMKTS:MALRY) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, a decrease of 91.8% from the February 28th total of 18,200 shares. Based on an average daily volume of 41,600 shares, the short-interest ratio is currently 0.0 days.

Mineral Resources Stock Down 0.7 %

OTCMKTS MALRY traded down $0.11 during trading hours on Wednesday, hitting $15.22. The company had a trading volume of 4,758 shares, compared to its average volume of 16,331. The firm’s 50 day moving average is $18.10 and its 200 day moving average is $22.63. Mineral Resources has a fifty-two week low of $13.01 and a fifty-two week high of $53.35.

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.