Helium One Global Ltd (OTCMKTS:HLOGF) Sees Large Drop in Short Interest

Helium One Global Ltd (OTCMKTS:HLOGF) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 1,019,555 shares, a decrease of 66.6% from the April 15th total of 3,051,155 shares. Based on an average daily trading volume, of 901,800 shares, the days-to-cover ratio is currently 1.1 days.

Helium One Global Price Performance

Shares of OTCMKTS HLOGF traded up C$0.00 during mid-day trading on Friday, reaching C$0.01. The company had a trading volume of 490,500 shares, compared to its average volume of 659,896. The stock has a fifty day moving average of C$0.01 and a two-hundred day moving average of C$0.01. Helium One Global has a 12-month low of C$0.00 and a 12-month high of C$0.02.

Helium One Global Company Profile

Helium One Global is a mineral exploration company focused on the discovery and development of high-grade helium resources. The company’s primary objective is to locate and advance helium prospects from initial airborne and geochemical surveys through to drilling and resource definition. Helium One Global applies modern exploration techniques—such as aeromagnetic surveying, soil gas geochemistry and subsurface geological modelling—to identify prospective targets in under-explored basins.

The company’s flagship project is located in the Rukwa Basin of southwestern Tanzania, where Helium One Global has secured an exploration licence covering a large prospective area.