Kenmare Resources plc (OTCMKTS:KMRPF) Short Interest Up 23.1% in September

Kenmare Resources plc (OTCMKTS:KMRPF) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 6,400 shares, an increase of 23.1% from the September 15th total of 5,200 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 8.0 days.

Kenmare Resources Trading Down 2.4 %

Kenmare Resources stock traded down $0.11 during mid-day trading on Tuesday, hitting $4.45. The company’s stock had a trading volume of 800 shares, compared to its average volume of 2,600. Kenmare Resources has a twelve month low of $3.84 and a twelve month high of $5.39. The stock’s fifty day moving average price is $4.38 and its two-hundred day moving average price is $4.26.

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.