Short Interest in Tanzanian Royalty Exploration Corp (TRX) Expands By 1.8%
Tanzanian Royalty Exploration Corp (NYSE:TRX) (NYSEMKT:TRX) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 3,968,255 shares, a growth of 1.8% from the August 15th total of 3,897,786 shares. Based on an average daily trading volume, of 149,865 shares, the days-to-cover ratio is currently 26.5 days. Approximately 3.4% of the shares of the company are short sold.
Tanzanian Royalty Exploration Corp (NYSE TRX) opened at 0.395 on Friday. Tanzanian Royalty Exploration Corp has a 12 month low of $0.37 and a 12 month high of $1.03. The firm has a 50-day moving average price of $0.42 and a 200 day moving average price of $0.46. The stock’s market capitalization is $47.25 million.
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About Tanzanian Royalty Exploration Corp
Tanzanian Royalty Exploration Corporation is an exploration-stage company and its mining properties are located outside the United States. The Company is a mineral resource company, which engages in the acquisition of interests in and the exploration of natural resource properties in the future and the possible development of those properties.
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