Comstock Mining Inc (LODE) Short Interest Update
Comstock Mining Inc (NYSE:LODE) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,116,773 shares, an increase of 39.0% from the September 15th total of 803,406 shares. Based on an average daily volume of 249,861 shares, the days-to-cover ratio is presently 4.5 days. Approximately 0.9% of the shares of the stock are short sold.
Separately, Zacks Investment Research lowered shares of Comstock Mining from a “hold” rating to a “sell” rating in a report on Tuesday, August 9th.
Shares of Comstock Mining (NYSE:LODE) opened at 0.325 on Friday. Comstock Mining has a one year low of $0.31 and a one year high of $0.64. The company’s market cap is $59.57 million. The firm’s 50-day moving average is $0.36 and its 200-day moving average is $0.39.
Comstock Mining Company Profile
Comstock Mining Inc is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining.
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