Mineral Resources Limited (OTCMKTS:MALRY) Sees Large Decrease in Short Interest

Mineral Resources Limited (OTCMKTS:MALRY) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a decline of 59.2% from the January 31st total of 4,900 shares. Based on an average trading volume of 35,000 shares, the short-interest ratio is presently 0.1 days.

Mineral Resources Stock Down 4.0 %

Mineral Resources stock traded down $0.60 during mid-day trading on Friday, reaching $14.32. 72,710 shares of the company traded hands, compared to its average volume of 15,079. Mineral Resources has a 52-week low of $14.00 and a 52-week high of $53.35. The firm’s 50 day moving average price is $20.71 and its 200 day moving average price is $24.42.

Mineral Resources Company Profile

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.