Short Interest in O3 Mining Inc. (OTCMKTS:OIIIF) Decreases By 21.1%

O3 Mining Inc. (OTCMKTS:OIIIF) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 41,600 shares, a decrease of 21.1% from the February 13th total of 52,700 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is currently 7.4 days.

O3 Mining Stock Performance

OTCMKTS:OIIIF traded down $0.02 during trading hours on Tuesday, reaching $1.14. 1,822 shares of the company were exchanged, compared to its average volume of 36,150. The stock’s 50-day moving average is $1.15 and its 200-day moving average is $0.95. O3 Mining has a twelve month low of $0.68 and a twelve month high of $1.18.

O3 Mining Company Profile

O3 Mining Inc engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada.