Thungela Resources Limited (OTCMKTS:TNGRF – Get Free Report) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 6,400 shares, a decline of 41.8% from the March 31st total of 11,000 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is presently 0.9 days.
Thungela Resources Stock Performance
Shares of TNGRF traded up $0.07 on Friday, reaching $6.90. The company’s stock had a trading volume of 200 shares, compared to its average volume of 3,988. The stock’s 50 day simple moving average is $6.45 and its two-hundred day simple moving average is $7.47. Thungela Resources has a 12-month low of $5.35 and a 12-month high of $10.39.
Thungela Resources Company Profile
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