Sandfire Resources Limited (OTCMKTS:SFRRF) Short Interest Down 62.4% in August

Posted by Francis Steltz on Sep 14th, 2026

Sandfire Resources Limited (OTCMKTS:SFRRF – Get Free Report) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 91,285 shares, a decline of 62.4% from the August 15th total of 242,822 shares. Based on an average trading volume of 10 shares, the days-to-cover ratio is presently 9,128.5 days.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada downgraded Sandfire Resources to a “sector perform” rating in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Get Our Latest Report on Sandfire Resources

Sandfire Resources Stock Performance

Shares of SFRRF opened at $15.47 on Monday. Sandfire Resources has a 52 week low of $8.25 and a 52 week high of $16.50. The firm’s 50-day simple moving average is $15.07 and its 200 day simple moving average is $13.50.

About Sandfire Resources

(Get Free Report)

Sandfire Resources (OTCMKTS:SFRRF) is an Australian-based mining and exploration company focused on the discovery, development and production of high‐grade copper resources. The company’s core operations are anchored by the DeGrussa Copper‐Gold Mine in Western Australia, where open‐pit and underground mining techniques produce copper‐gold concentrate for regional smelters. In addition to DeGrussa, Sandfire Resources has advanced development projects and exploration assets in Botswana and North America, positioning itself as a diversified copper producer with a growing international footprint.

Sandfire’s principal business activities encompass project acquisition, feasibility studies, mine construction, and ongoing mine operations.