Short Interest in Northern Star Resources Limited (OTCMKTS:NESRF) Expands By 23.3%

Northern Star Resources Limited (OTCMKTS:NESRF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 989,100 shares, a growth of 23.3% from the November 30th total of 802,500 shares. Based on an average daily volume of 18,400 shares, the days-to-cover ratio is presently 53.8 days.

Northern Star Resources Stock Performance

NESRF stock traded down $1.41 during mid-day trading on Friday, reaching $9.30. 700 shares of the company’s stock were exchanged, compared to its average volume of 8,619. Northern Star Resources has a 12-month low of $7.69 and a 12-month high of $12.18. The stock’s 50 day moving average is $10.85 and its 200 day moving average is $10.09.

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.