Scorpio Gold Co. (OTCMKTS:SRCRF) Sees Large Increase in Short Interest

Scorpio Gold Co. (OTCMKTS:SRCRF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 63,500 shares, a growth of 301.9% from the October 31st total of 15,800 shares. Based on an average daily volume of 294,200 shares, the days-to-cover ratio is presently 0.2 days.

Scorpio Gold Stock Down 7.3 %

SRCRF stock traded down $0.01 during trading on Friday, reaching $0.08. 61,653 shares of the company were exchanged, compared to its average volume of 77,588. The stock’s 50 day moving average price is $0.11 and its 200 day moving average price is $0.11. Scorpio Gold has a 52-week low of $0.03 and a 52-week high of $0.39.

About Scorpio Gold

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company is based in Vancouver, Canada.