Rio2 Limited (OTCMKTS:RIOFF) Short Interest Update

Rio2 Limited (OTCMKTS:RIOFF) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 57,800 shares, an increase of 236.0% from the February 13th total of 17,200 shares. Based on an average daily volume of 343,600 shares, the short-interest ratio is currently 0.2 days.

Rio2 Price Performance

RIOFF traded up C$0.02 during trading on Thursday, hitting C$0.54. 40,178 shares of the company’s stock were exchanged, compared to its average volume of 171,802. Rio2 has a 1 year low of C$0.25 and a 1 year high of C$0.58. The stock has a 50 day moving average price of C$0.49 and a 200 day moving average price of C$0.47.

Rio2 Company Profile

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.