Sinda Ltd. (NYSE:SIND) Short Interest Up ∞ in June

Sinda Ltd. (NYSE:SIND) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,105,990 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 324,975 shares, the days-to-cover ratio is currently 6.5 days.

Sinda Stock Up 3.7%

NYSE SIND traded up $0.48 during trading on Friday, hitting $13.39. The company’s stock had a trading volume of 55,037 shares, compared to its average volume of 123,731. Sinda has a 52 week low of $10.80 and a 52 week high of $14.99.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Sinda to a “hold” rating in a report on Saturday, July 4th.

About Sinda

We hold title to, or have exploration and exploitation rights on, five contiguous mining concessions covering a large-scale, high-grade, silver-gold greenfield discovery located in the historic Guanajuato epithermal silver belt of Mexico (the “Sinda Property” or the “Project”). The Sinda Property is a large primary silver asset that we believe has the potential to be a globally significant mining operation. The Sinda Property is located approximately 22 miles (35 kilometers) from the colonial city of San Miguel de Allende in the Mexican state of Guanajuato, approximately 180 miles (290 kilometers) northwest of Mexico City and 28 miles (45 kilometers) southeast of the Guanajuato Mining District, in close proximity to several of the world’s largest and historically most productive silver deposits and mines.