NevGold Corp. (OTCMKTS:NAUFF) Short Interest Up 161.8% in June

NevGold Corp. (OTCMKTS:NAUFF) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,162,600 shares, an increase of 161.8% from the May 31st total of 444,078 shares. Based on an average daily trading volume, of 771,523 shares, the short-interest ratio is currently 1.5 days.

NevGold Price Performance

NevGold stock traded up $0.02 during midday trading on Tuesday, reaching $1.48. The stock had a trading volume of 131,897 shares, compared to its average volume of 226,171. NevGold has a twelve month low of $0.18 and a twelve month high of $2.30. The stock’s 50-day simple moving average is $1.70 and its 200 day simple moving average is $1.16.

NevGold Company Profile

NevGold Corp. engages in the exploration and development of mineral properties in North America. It explores for gold and silver polymetallic deposits. The company owns 100% interests in the Limousine Butte and Cedar Wash projects located in Nevada, the United States; and the Ptarmigan silver-polymetallic project located in Southeast British Columbia, Canada. It also has an option to acquire a 100% interest in the Nutmeg Mountain Gold Project located in Idaho. The company is headquartered in Vancouver, Canada.