Regis Resources Limited (OTCMKTS:RGRNF) Sees Significant Decline in Short Interest

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 824,400 shares, a decline of 39.8% from the May 15th total of 1,368,500 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is currently 412.2 days.

Regis Resources Stock Up 4.8%

Shares of Regis Resources stock traded up $0.16 on Tuesday, hitting $3.47. The company had a trading volume of 700 shares, compared to its average volume of 6,640. The stock has a 50-day moving average of $2.96 and a 200-day moving average of $2.28. Regis Resources has a twelve month low of $0.93 and a twelve month high of $3.50.

About Regis Resources

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns interest 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.