Toro Energy Limited (OTCMKTS:TOEYF) Short Interest Up 94.4% in April

Toro Energy Limited (OTCMKTS:TOEYF) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 34,600 shares, a growth of 94.4% from the March 31st total of 17,800 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is presently 4.7 days.

Toro Energy Stock Performance

Shares of TOEYF traded up $0.03 during trading hours on Friday, reaching $0.32. 5,000 shares of the company’s stock traded hands, compared to its average volume of 2,088. Toro Energy has a 12 month low of $0.23 and a 12 month high of $1.00. The firm’s 50 day simple moving average is $0.28 and its 200-day simple moving average is $0.33.

Toro Energy Company Profile

Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia. The company explores for uranium, nickel, gold, and base metals. Its flagship project is the Wiluna uranium project located in the northern goldfields region of Western Australia. Toro Energy Limited is headquartered in West Perth, Australia.