Ascot Resources Ltd. (OTCMKTS:AOTVF) Sees Large Decline in Short Interest

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 4,536,100 shares, a drop of 22.4% from the November 30th total of 5,842,400 shares. Based on an average daily volume of 1,020,600 shares, the days-to-cover ratio is presently 4.4 days.

Ascot Resources Price Performance

Shares of AOTVF stock traded up $0.01 during trading hours on Friday, reaching $0.13. The stock had a trading volume of 454,818 shares, compared to its average volume of 477,772. The stock’s fifty day simple moving average is $0.15 and its 200 day simple moving average is $0.24. Ascot Resources has a 12 month low of $0.11 and a 12 month high of $0.69.

Ascot Resources Company Profile

Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.