Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Down 91.1% in August

Mineral Resources Limited (OTCMKTS:MALRY) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totalling 7,000 shares, a drop of 91.1% from the July 31st total of 78,700 shares. Based on an average daily volume of 33,200 shares, the short-interest ratio is presently 0.2 days.

Mineral Resources Trading Down 0.9 %

Shares of Mineral Resources stock traded down $0.26 on Tuesday, reaching $30.30. 39,929 shares of the company were exchanged, compared to its average volume of 6,956. Mineral Resources has a one year low of $29.13 and a one year high of $53.35. The company has a 50-day moving average of $35.35 and a 200 day moving average of $42.01.

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.