Regis Resources Limited (OTCMKTS:RGRNF) Sees Large Growth in Short Interest

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 393,000 shares, a growth of 42.2% from the November 15th total of 276,300 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is presently 87.3 days.

Regis Resources Stock Performance

OTCMKTS RGRNF remained flat at $1.66 on Friday. Regis Resources has a 52-week low of $0.93 and a 52-week high of $1.90. The company’s 50 day simple moving average is $1.65 and its 200 day simple moving average is $1.36.

About Regis Resources

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.