Regis Resources Limited (OTCMKTS:RGRNF) Sees Significant Drop in Short Interest

Regis Resources Limited (OTCMKTS:RGRNF) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 276,300 shares, a drop of 51.1% from the October 31st total of 565,300 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 197.4 days.

Regis Resources Stock Performance

Shares of Regis Resources stock opened at $1.70 on Thursday. The firm has a fifty day simple moving average of $1.55 and a 200-day simple moving average of $1.33. Regis Resources has a 1-year low of $0.93 and a 1-year high of $1.90.

Regis Resources Company Profile

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.