Kenmare Resources plc (OTCMKTS:KMRPF) Short Interest Update

Kenmare Resources plc (OTCMKTS:KMRPF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,600 shares, a decrease of 36.0% from the February 28th total of 2,500 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 1.5 days.

Kenmare Resources Trading Down 10.1 %

OTCMKTS:KMRPF traded down $0.60 on Friday, hitting $5.34. The stock had a trading volume of 1,000 shares, compared to its average volume of 1,150. Kenmare Resources has a 1 year low of $3.79 and a 1 year high of $5.94. The firm’s fifty day simple moving average is $4.40 and its two-hundred day simple moving average is $4.35.

About Kenmare Resources

Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates.