Short Interest in Horizonte Minerals Plc (OTCMKTS:HZMMF) Grows By 1,280.0%

Horizonte Minerals Plc (OTCMKTS:HZMMF) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 34,500 shares, a growth of 1,280.0% from the March 31st total of 2,500 shares. Based on an average daily volume of 243,300 shares, the days-to-cover ratio is currently 0.1 days.

Horizonte Minerals Stock Performance

OTCMKTS:HZMMF opened at $0.01 on Friday. Horizonte Minerals has a 12-month low of $0.00 and a 12-month high of $2.16. The company’s 50-day moving average is $0.03 and its two-hundred day moving average is $0.11.

About Horizonte Minerals

Horizonte Minerals Plc, together with its subsidiaries, engages in the exploration and development of mineral projects in Brazil. The company primarily explores for nickel deposits, as well as cobalt deposits. It holds 100% interest in the Araguaia ferronickel; and the Vermelho Nickel-Cobalt project in the eastern part of the Carajás mining district.