Northern Star Resources Limited (OTCMKTS:NESRF) Short Interest Update

Northern Star Resources Limited (OTCMKTS:NESRF) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 698,200 shares, a decline of 16.7% from the September 30th total of 838,300 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is presently 109.1 days.

Northern Star Resources Stock Performance

Shares of NESRF traded down $0.63 during trading hours on Monday, hitting $11.47. 392 shares of the company were exchanged, compared to its average volume of 9,513. The firm’s 50 day moving average is $10.58 and its 200-day moving average is $9.73. Northern Star Resources has a 52 week low of $7.15 and a 52 week high of $12.18.

Northern Star Resources Company Profile

Northern Star Resources Limited engages in the exploration, development, mining, and processing of gold deposits. It also sells refined gold. It operates in Western Australia, the Northern Territory, and Alaska. The company was incorporated in 2000 and is headquartered in Subiaco, Australia.