Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Update

Sandfire Resources America Inc. (OTCMKTS:SRAFF) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 1,146 shares, a drop of 97.1% from the January 29th total of 39,837 shares. Based on an average trading volume of 115,342 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 115,342 shares, the short-interest ratio is currently 0.0 days.

Sandfire Resources America Price Performance

Shares of SRAFF stock traded up $0.00 on Wednesday, hitting $0.24. The stock had a trading volume of 6,550 shares, compared to its average volume of 63,599. Sandfire Resources America has a twelve month low of $0.17 and a twelve month high of $0.32. The company has a fifty day moving average price of $0.24 and a two-hundred day moving average price of $0.22.

About Sandfire Resources America

Sandfire Resources America Corp. (OTCMKTS:SRAFF) operates as the American depositary receipt issuer for Sandfire Resources Ltd., an Australian-based, independent copper and gold producer. Through its ADR program, the company holds and administers ordinary shares of its parent, enabling U.S. investors to participate in the underlying performance of Sandfire Resources Ltd. without direct exposure to foreign securities markets.

The underlying parent company was founded in 2003 and has since developed a portfolio of copper and gold operations and exploration projects across multiple continents.