Tanzanian Royalty Exploration Corp (NYSE:TRX) (NYSEMKT:TRX) was the target of a significant decrease in short interest in October. As of October 13th, there was short interest totalling 3,826,165 shares, a decrease of 3.0% from the September 29th total of 3,944,622 shares. Based on an average daily volume of 228,118 shares, the short-interest ratio is presently 16.8 days. Currently, 3.3% of the shares of the stock are short sold.

Shares of Tanzanian Royalty Exploration Corp (NYSE:TRX) opened at 0.2944 on Wednesday. The stock’s market capitalization is $35.19 million. The stock has a 50 day moving average price of $0.34 and a 200-day moving average price of $0.43. Tanzanian Royalty Exploration Corp has a 52-week low of $0.25 and a 52-week high of $0.78.

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Tanzanian Royalty Exploration Corp Company Profile

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.

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