Ascot Resources Ltd. (OTCMKTS:AOTVF) Short Interest Up 9.4% in December

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 4,962,500 shares, a growth of 9.4% from the December 15th total of 4,536,100 shares. Based on an average trading volume of 1,296,100 shares, the short-interest ratio is presently 3.8 days.

Ascot Resources Stock Performance

AOTVF opened at $0.13 on Monday. The company’s 50-day simple moving average is $0.14 and its two-hundred day simple moving average is $0.21. Ascot Resources has a 52-week low of $0.11 and a 52-week high of $0.69.

Ascot Resources Company Profile

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.