Tanzanian Royalty Exploration Corp (TRX) Sees Significant Drop in Short Interest
Tanzanian Royalty Exploration Corp (NYSE:TRX) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 3,204,252 shares, a drop of 0.4% from the September 15th total of 3,217,628 shares. Based on an average daily volume of 186,014 shares, the short-interest ratio is presently 17.2 days. Currently, 3.0% of the company’s shares are sold short.
Shares of Tanzanian Royalty Exploration Corp (NYSE:TRX) opened at 0.69 on Thursday. Tanzanian Royalty Exploration Corp has a 52 week low of $0.17 and a 52 week high of $1.49. The company’s market cap is $74.79 million. The firm has a 50-day moving average of $0.86 and a 200 day moving average of $0.71.
Tanzanian Royalty Exploration Corp Company Profile
Tanzanian Royalty Exploration Corporation is a mineral resource company with exploration-stage properties. The Company engages in the acquisition of interests in and the exploration of natural resource properties and the development of those properties. Its principal exploration and development properties are located in the United Republic of Tanzania, Africa.
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