Short Interest in DRDGOLD Limited (NYSE:DRD) Declines By 20.9%
DRDGOLD Limited (NYSE:DRD) experienced a 20.9% decline in short interest during December, totaling 493,968 shares by month-end, representing about 0.6% of its shares outstanding. The stock traded up 1.0% to $36.23 on Friday, nearing its one-year high, with analysts maintaining a "Moderate Buy" consensus rating and a $36.25 target price. Institutional investors have actively traded DRD shares, with significant new positions and increased holdings reported by various hedge funds.