Short Interest in Texas Mineral Resources Corp. (OTCMKTS:TMRC) Declines By 61.3%

Texas Mineral Resources Corp. (OTCMKTS:TMRC) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 90,900 shares, a decrease of 61.3% from the August 31st total of 235,100 shares. Based on an average daily volume of 467,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 467,600 shares, the short-interest ratio is currently 0.2 days.

Texas Mineral Resources Trading Up 6.1%

Shares of TMRC stock opened at $1.13 on Friday. Texas Mineral Resources has a 1-year low of $0.21 and a 1-year high of $1.80. The stock’s fifty day simple moving average is $1.03 and its 200-day simple moving average is $0.76.

About Texas Mineral Resources

Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. Its flagship property is the Round Top rare earths project covering an area of 950 acres and prospecting permits covering 9,345 acres located in Hudspeth County, Texas. The company was formerly known as Texas Rare Earth Resources Corp.