Minera Alamos Inc. (OTCMKTS:MAIFF) Short Interest Up 1,691.5% in May

Minera Alamos Inc. (OTCMKTS:MAIFF) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 127,200 shares, an increase of 1,691.5% from the April 30th total of 7,100 shares. Based on an average daily volume of 547,700 shares, the short-interest ratio is presently 0.2 days.

Minera Alamos Price Performance

Shares of OTCMKTS:MAIFF opened at $0.27 on Friday. Minera Alamos has a 12 month low of $0.16 and a 12 month high of $0.31. The stock’s 50 day moving average price is $0.25 and its 200 day moving average price is $0.23.

Minera Alamos Company Profile

Minera Alamos Inc engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. It holds 100% interests in the Santana project consists of 9 mining claims covering an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; the Cerro de Oro project that includes an area of 6,500 hectares situated in Zacatecas, Mexico; and the La Fortuna project covering an area of approximately 6,100 hectares located in Durango State, Mexico, as well as the Los Verdes property located in the State of Sonora, Mexico.