Kenmare Resources plc (OTCMKTS:KMRPF) Short Interest Down 72.2% in February

by · The Cerbat Gem

Kenmare Resources plc (OTCMKTS:KMRPF – Get Free Report) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a decline of 72.2% from the January 31st total of 3,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 10.0 days.

Kenmare Resources Stock Performance

KMRPF stock remained flat at $3.79 during trading on Friday. The business has a 50 day simple moving average of $3.88 and a 200 day simple moving average of $4.23. Kenmare Resources has a 1-year low of $3.79 and a 1-year high of $4.70.

About Kenmare Resources

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Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates.

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