Osino Resources Corp. (OTCMKTS:OSIIF) Sees Significant Drop in Short Interest

Osino Resources Corp. (OTCMKTS:OSIIF – Get Rating) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 16,700 shares, a drop of 51.3% from the April 30th total of 34,300 shares. Based on an average daily volume of 31,800 shares, the short-interest ratio is presently 0.5 days.

Osino Resources Price Performance

Shares of OTCMKTS OSIIF traded down $0.02 during mid-day trading on Friday, reaching $0.83. The company’s stock had a trading volume of 13,726 shares, compared to its average volume of 24,645. The stock has a 50-day moving average of $0.82 and a two-hundred day moving average of $0.71. Osino Resources has a 1-year low of $0.38 and a 1-year high of $0.94.

Osino Resources Company Profile

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Osino Resources Corp. engages in the exploration and development of gold mining properties in Namibia. The firm operates through the Canada and Namibia geographical segments. Its active programs and projects include Twin Hills, Goldkupe and Extensions, Otjikoto East, and Otjiwarongo Regional. The company was founded by Heye Daun and Alan Friedman on June 5, 2012 and is headquartered in Vancouver, Canada.