Short Interest in Karora Resources Inc. (OTCMKTS:KRRGF) Expands By 157.0%

Karora Resources Inc. (OTCMKTS:KRRGF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 523,500 shares, an increase of 157.0% from the December 15th total of 203,700 shares. Based on an average daily trading volume, of 93,800 shares, the short-interest ratio is currently 5.6 days.

Shares of KRRGF stock opened at $3.21 on Friday. Karora Resources has a 12 month low of $2.25 and a 12 month high of $4.09. The company has a 50 day simple moving average of $3.39 and a two-hundred day simple moving average of $3.07.

About Karora Resources

Karora Resources, Inc is a mineral resource company, which engages in the acquisition, exploration, evaluation, and development of base metal and platinum group metal properties. Its gold producing operations are the Beta Hunt Mine and the Higginsville. The company was founded on December 13, 2006 and is headquartered in Toronto, Canada.

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