Short Interest Coverage: Could Tanzanian Royalty Exploration Company (NYSEMKT:TRX) Change Direction After More Shorts?

November 18, 2016 - By Dolores Ford   ·   0 Comments

Short Interest Coverage: Could Tanzanian Royalty Exploration Company (NYSEMKT:TRX) Change Direction After More Shorts?

The stock of Tanzanian Royalty Exploration Company (NYSEMKT:TRX) registered an increase of 0.33% in short interest. TRX’s total short interest was 3.22M shares in November as published by FINRA. Its up 0.33% from 3.21 million shares, reported previously. With 333,200 shares average volume, it will take short sellers 10 days to cover their TRX’s short positions. The short interest to Tanzanian Royalty Exploration Company’s float is 3.06%. The stock closed at $0.52 during the last session. It is down 92.59% since April 18, 2016 and is uptrending. It has outperformed by 88.16% the S&P500.

Tanzanian Royalty Exploration Corporation is a mineral resource firm with exploration-stage properties. The company has a market cap of $52.63 million. The Firm engages in the acquisition of interests in and the exploration of natural resource properties and the development of those properties. It currently has negative earnings. The Company’s principal exploration and development properties are located in the United Republic of Tanzania, Africa.

More notable recent Tanzanian Royalty Exploration Corp (NYSEMKT:TRX) news were published by: Marketwatch.com which released: “Tanzanian Royalty Exploration Corp.” on July 01, 2011, also Marketwired.com with their article: “Tanzanian Royalty Exploration Corporation – Renewal of Secured Loan Agreements” published on October 28, 2016, Marketwired.com published: “Tanzanian Royalty Exploration Corporation Report – Lifting Force Majeure” on June 09, 2016. More interesting news about Tanzanian Royalty Exploration Corp (NYSEMKT:TRX) were released by: Marketwired.com and their article: “Tanzanian Royalty Exploration Corporation Force Majeure-Where from here …” published on March 03, 2016 as well as Marketwired.com‘s news article titled: “Tanzanian Royalty Exploration Corporation Report – Mining License Renewal at …” with publication date: October 18, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Dolores Ford


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>