Short Interest in Deep Yellow Limited (OTCMKTS:DYLLF) Drops By 9.0%

Deep Yellow Limited (OTCMKTS:DYLLF) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 8,668,600 shares, a decrease of 9.0% from the January 15th total of 9,525,600 shares. Based on an average daily volume of 268,700 shares, the short-interest ratio is currently 32.3 days.

Deep Yellow Trading Down 1.9 %

Deep Yellow stock opened at $0.77 on Wednesday. Deep Yellow has a 12 month low of $0.57 and a 12 month high of $1.20. The business’s 50 day simple moving average is $0.78 and its 200 day simple moving average is $0.81.

About Deep Yellow

Deep Yellow Limited, together with its subsidiaries, operates as a uranium exploration company in Namibia. The company holds a 100% interest in the Reptile project, which covers an area of 896 square kilometers (km2); 65% interest in the Nova Joint Venture covering an area of 599 km2; and 85% interest in the Yellow Dune Joint Venture covering an area of 190 km2.