Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Down 85.7% in July

Mineral Resources Limited (OTCMKTS:MALRYGet Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a drop of 85.7% from the June 30th total of 700 shares. Based on an average daily trading volume, of 7,200 shares, the days-to-cover ratio is currently 0.0 days.

Mineral Resources Trading Up 4.5 %

Shares of Mineral Resources stock traded up $1.56 during trading hours on Friday, reaching $35.86. The company’s stock had a trading volume of 68,670 shares, compared to its average volume of 2,878. The company’s 50 day simple moving average is $42.14 and its 200 day simple moving average is $42.95. Mineral Resources has a one year low of $33.48 and a one year high of $53.35.

Mineral Resources Company Profile

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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.

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