Short Interest in Mineral Resources Limited (OTCMKTS:MALRY) Declines By 91.8%

Mineral Resources Limited (OTCMKTS:MALRY) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,500 shares, a decrease of 91.8% from the February 28th total of 18,200 shares. Based on an average daily volume of 41,600 shares, the short-interest ratio is currently 0.0 days.

Mineral Resources Price Performance

OTCMKTS:MALRY traded up $0.18 during trading hours on Friday, reaching $15.40. The company’s stock had a trading volume of 12,583 shares, compared to its average volume of 16,265. The firm has a 50-day simple moving average of $17.96 and a 200-day simple moving average of $22.58. Mineral Resources has a 1 year low of $13.01 and a 1 year high of $53.35.

About Mineral Resources

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.