Tanzanian Royalty Exploration Corp (NYSE:TRX) (NYSEMKT:TRX) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totalling 3,897,786 shares, an increase of 3.2% from the July 31st total of 3,778,690 shares. Based on an average trading volume of 211,440 shares, the short-interest ratio is currently 18.4 days. Approximately 3.4% of the shares of the company are short sold.

Shares of Tanzanian Royalty Exploration Corp (TRX) opened at 0.44 on Tuesday. Tanzanian Royalty Exploration Corp has a 52-week low of $0.38 and a 52-week high of $1.13. The firm’s 50 day moving average price is $0.43 and its 200 day moving average price is $0.47. The stock’s market cap is $52.60 million.

TRADEMARK VIOLATION NOTICE: “Short Interest in Tanzanian Royalty Exploration Corp (TRX) Rises By 3.2%” was first posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.watchlistnews.com/short-interest-in-tanzanian-royalty-exploration-corp-trx-rises-by-3-2/1528669.html.

About Tanzanian Royalty Exploration Corp

Tanzanian Royalty Exploration Corporation is an exploration-stage company and its mining properties are located outside the United States. The Company is a mineral resource company, which engages in the acquisition of interests in and the exploration of natural resource properties in the future and the possible development of those properties.

Receive News & Ratings for Tanzanian Royalty Exploration Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tanzanian Royalty Exploration Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.