Comstock Mining Inc (LODE) Short Interest Update
Comstock Mining Inc (NYSE:LODE) was the target of a large decline in short interest in September. As of September 15th, there was short interest totalling 803,406 shares, a decline of 5.1% from the August 31st total of 846,546 shares. Based on an average daily trading volume, of 372,063 shares, the short-interest ratio is presently 2.2 days. Currently, 0.6% of the company’s stock are sold short.
Shares of Comstock Mining (NYSE:LODE) opened at 0.3697 on Friday. The company has a 50-day moving average price of $0.37 and a 200-day moving average price of $0.39. Comstock Mining has a 12 month low of $0.33 and a 12 month high of $0.68. The company’s market capitalization is $67.76 million.
Separately, Zacks Investment Research raised Comstock Mining from a “sell” rating to a “hold” rating in a research report on Tuesday, August 23rd.
About Comstock Mining
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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