Minera Alamos Inc. (OTCMKTS:MAIFF) Sees Significant Increase in Short Interest

Minera Alamos Inc. (OTCMKTS:MAIFF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 58,800 shares, an increase of 267.5% from the February 28th total of 16,000 shares. Based on an average daily trading volume, of 505,800 shares, the days-to-cover ratio is currently 0.1 days.

Minera Alamos Stock Performance

MAIFF opened at $0.24 on Friday. The business has a fifty day moving average of $0.23 and a 200 day moving average of $0.23. Minera Alamos has a 52-week low of $0.16 and a 52-week high of $0.32.

About Minera Alamos

Minera Alamos Inc engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. It holds 100% interests in the Santana project consists of 9 mining claims covering an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; the Cerro de Oro project that includes an area of 6,500 hectares situated in Zacatecas, Mexico; and the La Fortuna project covering an area of approximately 6,100 hectares located in Durango State, Mexico, as well as the Los Verdes property located in the State of Sonora, Mexico.