Short Interest in Regis Resources Limited (OTCMKTS:RGRNF) Decreases By 16.9%

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 565,300 shares, a drop of 16.9% from the October 15th total of 680,300 shares. Based on an average daily trading volume, of 14,000 shares, the short-interest ratio is currently 40.4 days.

Regis Resources Price Performance

OTCMKTS RGRNF opened at $1.56 on Friday. Regis Resources has a one year low of $0.93 and a one year high of $1.90. The company’s 50-day simple moving average is $1.49 and its two-hundred day simple moving average is $1.32.

Regis Resources Company Profile

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns interest in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales.