Thungela Resources Limited (OTCMKTS:TNGRF – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 8,100 shares, a drop of 56.2% from the May 31st total of 18,500 shares. Based on an average trading volume of 9,100 shares, the short-interest ratio is presently 0.9 days.
Thungela Resources Trading Down 0.8 %
TNGRF stock traded down $0.05 during mid-day trading on Friday, hitting $6.25. 1,485 shares of the company were exchanged, compared to its average volume of 3,972. The business has a 50 day simple moving average of $6.96 and a 200-day simple moving average of $6.91. Thungela Resources has a 1-year low of $5.35 and a 1-year high of $10.39.
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