Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 633 shares, an increase of 168.2% from the October 15th total of 236 shares. Based on an average daily volume of 1,455 shares, the short-interest ratio is presently 0.4 days.
Exxaro Resources Price Performance
Shares of EXXAF opened at $10.88 on Friday. Exxaro Resources has a 1-year low of $10.00 and a 1-year high of $13.39. The firm’s 50-day moving average price is $11.15 and its 200-day moving average price is $12.19.
About Exxaro Resources
Exxaro Resources is a South African mining and resources company with a primary focus on coal. It mines and markets coal for domestic customers, including the power sector, as well as for export markets. The company also has interests in renewable energy through Cennergi, which develops and operates wind-energy projects in South Africa. Its activities reflect a broader effort to diversify beyond its traditional coal business. Exxaro was established in 2006 through the combination of several South African mining businesses.
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