Ascot Resources Ltd. (OTCMKTS:AOTVF) Sees Large Increase in Short Interest

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 8,419,600 shares, an increase of 28.9% from the October 15th total of 6,531,800 shares. Based on an average trading volume of 1,582,300 shares, the short-interest ratio is currently 5.3 days.

Ascot Resources Price Performance

Ascot Resources stock opened at $0.12 on Friday. The business’s fifty day moving average is $0.14 and its two-hundred day moving average is $0.33. Ascot Resources has a 52 week low of $0.11 and a 52 week high of $0.69.

About Ascot Resources

Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.