Short Interest in Horizonte Minerals Plc (OTCMKTS:HZMMF) Expands By 1,280.0%

Horizonte Minerals Plc (OTCMKTS:HZMMF) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 34,500 shares, a growth of 1,280.0% from the March 31st total of 2,500 shares. Based on an average daily volume of 243,300 shares, the short-interest ratio is presently 0.1 days.

Horizonte Minerals Stock Performance

OTCMKTS:HZMMF opened at $0.01 on Friday. The stock has a fifty day simple moving average of $0.04 and a 200 day simple moving average of $0.11. Horizonte Minerals has a 1-year low of $0.00 and a 1-year high of $2.16.

Horizonte Minerals Company Profile

Horizonte Minerals Plc, together with its subsidiaries, engages in the exploration and development of mineral projects in Brazil. The company primarily explores for nickel deposits, as well as cobalt deposits. It holds 100% interest in the Araguaia ferronickel; and the Vermelho Nickel-Cobalt project in the eastern part of the Carajás mining district.