Deep Yellow Limited (OTCMKTS:DYLLF) Sees Large Growth in Short Interest

Deep Yellow Limited (OTCMKTS:DYLLF) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 8,572,800 shares, an increase of 9.6% from the August 15th total of 7,823,000 shares. Based on an average daily volume of 191,900 shares, the short-interest ratio is presently 44.7 days.

Deep Yellow Stock Up 1.2 %

Shares of DYLLF opened at $0.77 on Wednesday. Deep Yellow has a 12 month low of $0.57 and a 12 month high of $1.20. The firm’s 50 day moving average is $0.76 and its 200-day moving average is $0.89.

Deep Yellow Company Profile

Deep Yellow Limited, together with its subsidiaries, operates as a uranium exploration company in Namibia. The company holds a 100% interest in the Reptile project, which covers an area of 896 square kilometers (km2); 65% interest in the Nova Joint Venture covering an area of 599 km2; and 85% interest in the Yellow Dune Joint Venture covering an area of 190 km2.