Scorpio Gold Co. (OTCMKTS:SRCRF) Sees Large Increase in Short Interest

Scorpio Gold Co. (OTCMKTS:SRCRF) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,600 shares, a growth of 550.0% from the March 31st total of 400 shares. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is currently 0.5 days.

Scorpio Gold Stock Performance

Scorpio Gold stock remained flat at $0.17 during midday trading on Friday. The company had a trading volume of 3,200 shares, compared to its average volume of 3,309. Scorpio Gold has a 1-year low of $0.03 and a 1-year high of $0.40. The company’s fifty day moving average is $0.18 and its two-hundred day moving average is $0.16.

Scorpio Gold Company Profile

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.