ATEX Resources Inc. (OTCMKTS:ECRTF) Sees Significant Increase in Short Interest

ATEX Resources Inc. (OTCMKTS:ECRTF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 106,500 shares, a growth of 18.6% from the February 13th total of 89,800 shares. Based on an average daily volume of 82,700 shares, the short-interest ratio is presently 1.3 days.

ATEX Resources Price Performance

Shares of ECRTF opened at $1.82 on Friday. The company’s 50 day simple moving average is $1.51 and its 200 day simple moving average is $1.30. ATEX Resources has a 1 year low of $0.79 and a 1 year high of $1.85.

ATEX Resources Company Profile

ATEX Resources Inc engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc in February 2019.