Scorpio Gold Co. (OTCMKTS:SRCRF) Sees Significant Decline in Short Interest
Scorpio Gold Co. (OTCMKTS:SRCRF) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 17,800 shares, a drop of 51.2% from the December 15th total of 36,500 shares. Based on an average daily trading volume, of 16,800 shares, the days-to-cover ratio is currently 1.1 days.
SRCRF traded up $0.00 on Wednesday, reaching $0.11. 2,525 shares of the company traded hands, compared to its average volume of 22,861. Scorpio Gold has a one year low of $0.03 and a one year high of $0.17. The firm has a fifty day simple moving average of $0.11 and a two-hundred day simple moving average of $0.12.
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