Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Up 810.0% in February

Mineral Resources Limited (OTCMKTS:MALRY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 18,200 shares, an increase of 810.0% from the February 13th total of 2,000 shares. Based on an average daily volume of 49,400 shares, the days-to-cover ratio is presently 0.4 days.

Mineral Resources Stock Down 1.3 %

Shares of OTCMKTS:MALRY traded down $0.17 during trading on Wednesday, hitting $13.16. 32,128 shares of the company were exchanged, compared to its average volume of 16,521. The firm has a fifty day moving average price of $19.62 and a two-hundred day moving average price of $23.49. Mineral Resources has a fifty-two week low of $13.01 and a fifty-two week high of $53.35.

Mineral Resources Company Profile

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.