Short Interest in Pan African Resources PLC (OTCMKTS:PAFRF) Decreases By 99.8%

Pan African Resources PLC (OTCMKTS:PAFRF) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 600 shares, a decline of 99.8% from the February 28th total of 311,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Pan African Resources Price Performance

PAFRF opened at $0.54 on Friday. Pan African Resources has a 52-week low of $0.41 and a 52-week high of $0.56. The business’s fifty day moving average is $0.44 and its 200-day moving average is $0.40.

About Pan African Resources

Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company’s flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.