Short Interest: What’s in SYRAH RESOURCES (OTCMKTS:SYAAF) After Rise in Shorted Shares?

November 17, 2016 - By Clifton Ray   ·   0 Comments

Short Interest: What’s in SYRAH RESOURCES (OTCMKTS:SYAAF) After Rise in Shorted Shares?

The stock of SYRAH RESOURCES (OTCMKTS:SYAAF) registered an increase of 8.22% in short interest. SYAAF’s total short interest was 2.63M shares in November as published by FINRA. Its up 8.22% from 2.43 million shares, reported previously. With 3,100 shares average volume, it will take short sellers 849 days to cover their SYAAF’s short positions. The stock closed at $2.42 during the last session. It is down 28.19% since April 15, 2016 and is downtrending. It has underperformed by 32.81% the S&P500.

More notable recent SYRAH RES LTD NPV (OTCMKTS:SYAAF) news were published by: Businesswire.com which released: “Syrah Resources Finalises Feasibility Study and Declares Maiden Ore Reserve” on May 29, 2015, also Seekingalpha.com with their article: “Syrah Resources: The Future Graphite And Vanadium Behemoth (SYAAF)” published on March 31, 2015, Investorintel.com published: “Triton Minerals delivers impressive project economics at Nicanda Hill Graphite …” on December 01, 2014. More interesting news about SYRAH RES LTD NPV (OTCMKTS:SYAAF) were released by: Seekingalpha.com and their article: “Profiting From The Upcoming Graphite Boom” published on May 19, 2015 as well as Seekingalpha.com‘s news article titled: “The Graphite Miners Could Be Next To Boom” with publication date: May 13, 2016.

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By Clifton Ray


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