Regis Resources Limited (OTCMKTS:RGRNF) Short Interest Down 28.5% in May

Regis Resources Limited (OTCMKTS:RGRNFGet Rating) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 761,600 shares, a decline of 28.5% from the April 30th total of 1,064,500 shares. Based on an average daily volume of 19,300 shares, the days-to-cover ratio is currently 39.5 days.

RGRNF opened at $1.45 on Friday. The company has a fifty day moving average price of $1.51 and a 200-day moving average price of $1.43. Regis Resources has a one year low of $1.20 and a one year high of $2.13.

About Regis Resources (Get Rating)

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns 100% interests in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales.

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