Short Interest in Galantas Gold Co. (OTCMKTS:GALKF) Increases By 4,160.0%

Galantas Gold Co. (OTCMKTS:GALKF) saw a significant growth in short interest in May. As of May 28th, there was short interest totalling 21,300 shares, a growth of 4,160.0% from the May 13th total of 500 shares. Based on an average trading volume of 47,100 shares, the days-to-cover ratio is presently 0.5 days.

Shares of Galantas Gold stock traded down $0.04 during trading hours on Friday, hitting $0.66. The company’s stock had a trading volume of 1,640 shares, compared to its average volume of 9,040. Galantas Gold has a 12 month low of $0.16 and a 12 month high of $0.78. The stock has a 50 day simple moving average of $0.47.

Galantas Gold Company Profile

Galantas Gold Corporation acquires, explores for, and develops gold properties primarily in Omagh, Northern Ireland. The company owns and operates a producing open pit gold mine near Omagh. It also produces silver and lead. The company was formerly known as European Gold Resources Inc and changed its name to Galantas Gold Corporation in May 2004.

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