Kenmare Resources plc (OTCMKTS:KMRPF) Sees Significant Increase in Short Interest

Kenmare Resources plc (OTCMKTS:KMRPF) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,200 shares, a growth of 6.7% from the October 31st total of 3,000 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 8.0 days.

Kenmare Resources Stock Performance

KMRPF opened at $4.24 on Tuesday. The company’s 50-day simple moving average is $4.45 and its two-hundred day simple moving average is $4.30. Kenmare Resources has a 52-week low of $3.84 and a 52-week high of $5.21.

About Kenmare Resources

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.