Mineral Resources Limited (OTCMKTS:MALRY) Short Interest Down 66.7% in April

Mineral Resources Limited (OTCMKTS:MALRY) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 66.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.0 days.

Mineral Resources Price Performance

OTCMKTS MALRY traded up $0.47 on Thursday, reaching $44.38. The stock had a trading volume of 888 shares, compared to its average volume of 2,030. The business’s 50-day moving average price is $44.04 and its 200 day moving average price is $41.74. Mineral Resources has a 12-month low of $34.86 and a 12-month high of $52.61.

Mineral Resources Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 10th. Shareholders of record on Monday, March 4th were given a dividend of $0.1158 per share. The ex-dividend date of this dividend was Friday, March 1st.

Mineral Resources Company Profile

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.