Toro Energy Limited (OTCMKTS:TOEYF) Short Interest Update

Toro Energy Limited (OTCMKTS:TOEYF – Get Rating) was the target of a large drop in short interest during the month of December. As of December 30th, there was short interest totalling 193,000 shares, a drop of 97.4% from the December 15th total of 7,293,000 shares. Based on an average daily trading volume, of 643,000 shares, the days-to-cover ratio is currently 0.3 days.

Toro Energy Stock Performance

Shares of OTCMKTS TOEYF opened at $0.01 on Thursday. The company has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.01. Toro Energy has a 1 year low of $0.01 and a 1 year high of $0.03.

Toro Energy Company Profile

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Toro Energy Ltd. operates as an uranium company, which explores and develops uranium deposits and also acquires uranium projects. Its projects include Wiluna Mine and Theseus Prospect. The firm operates through the following segments: Project Evaluation, Exploration, and Reconciling. The company was founded on November 14, 2005 and is headquartered in Perth, Australia.