Regis Resources Limited (OTCMKTS:RGRNF) Short Interest Up 104.7% in February

Regis Resources Limited (OTCMKTS:RGRNF) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,340,400 shares, an increase of 104.7% from the January 31st total of 654,700 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is currently 63.8 days.

Regis Resources Stock Performance

RGRNF stock remained flat at $1.99 during midday trading on Friday. 10 shares of the company traded hands, compared to its average volume of 7,329. The company’s fifty day moving average is $1.83 and its two-hundred day moving average is $1.60. Regis Resources has a 52 week low of $0.93 and a 52 week high of $2.23.

About Regis Resources

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns interest in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales.