Posted by admin on Jun 10th, 2022 
Mineral Resources Limited (OTCMKTS:MALRY – Get Rating) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 3,600 shares, an increase of 620.0% from the May 15th total of 500 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 3.3 days.
Shares of MALRY stock traded down $1.29 during trading hours on Friday, hitting $41.73. 289 shares of the company were exchanged, compared to its average volume of 1,261. The firm has a fifty day simple moving average of $42.58 and a 200 day simple moving average of $38.97. Mineral Resources has a 52-week low of $27.50 and a 52-week high of $47.62.
About Mineral Resources (Get Rating)
Mineral Resources Limited, together with subsidiaries, operates as a mining services and processing company in Australia, China, and Singapore. It operates through three segments: Mining Services, Commodities, and Central. The company offers contract crushing, screening, processing, and specialist mining services; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector.
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