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Neometals Ltd (OTCMKTS:RRSSF) Sees Large Decrease in Short Interest

kopsource ·  Mar 28, 2023 09:33

Neometals Ltd (OTCMKTS:RRSSF – Get Rating) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 12,100 shares, a drop of 38.9% from the February 28th total of 19,800 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is currently 1.3 days.

Neometals Stock Down 4.3 %

Shares of RRSSF opened at 0.36 on Tuesday. The stock's fifty day simple moving average is 0.54 and its 200 day simple moving average is 0.64. Neometals has a twelve month low of 0.36 and a twelve month high of 1.50.

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Neometals Company Profile

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Neometals Ltd. engages in mineral exploration. It operates through the following segments: Lithium, Titanium/Vanadium, and Others segments. Its projects include Mount Edwards, ELi Process, and Barrambie Vanadium and Titanium. The company was founded by Christopher John Reed on December 20, 2001 and is headquartered in West Perth, Australia.

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