Thungela Resources Limited (OTCMKTS:TNGRF – Get Free Report) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 6,400 shares, a drop of 41.8% from the March 31st total of 11,000 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is presently 0.9 days.
Thungela Resources Trading Up 1.0 %
TNGRF stock opened at $6.83 on Friday. Thungela Resources has a 1 year low of $5.35 and a 1 year high of $10.39. The stock has a 50-day simple moving average of $6.43 and a 200-day simple moving average of $7.49.
About Thungela Resources
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