Short Interest in Thor Explorations Ltd. (OTCMKTS:THXPF) Rises By 1,360.5%

Thor Explorations Ltd. (OTCMKTS:THXPF) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 214,700 shares, an increase of 1,360.5% from the October 31st total of 14,700 shares. Based on an average trading volume of 59,800 shares, the short-interest ratio is currently 3.6 days.

Thor Explorations Price Performance

THXPF traded up $0.01 during midday trading on Thursday, hitting $0.21. 80,500 shares of the company were exchanged, compared to its average volume of 26,128. The company’s 50 day simple moving average is $0.21 and its 200 day simple moving average is $0.20. Thor Explorations has a 1-year low of $0.11 and a 1-year high of $0.25.

About Thor Explorations

Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. The company was incorporated in 1968 and is based in Vancouver, Canada.