Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Down 59.2% in February

Mineral Resources Limited (OTCMKTS:MALRY) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 2,000 shares, a drop of 59.2% from the January 31st total of 4,900 shares. Based on an average daily trading volume, of 35,000 shares, the days-to-cover ratio is presently 0.1 days.

Mineral Resources Stock Performance

OTCMKTS MALRY opened at $14.32 on Friday. The firm has a 50-day moving average of $20.71 and a 200-day moving average of $24.36. Mineral Resources has a 52-week low of $14.00 and a 52-week high of $53.35.

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.