Bluestone Resources Inc. (OTCMKTS:BBSRF) Sees Large Decline in Short Interest

Bluestone Resources Inc. (OTCMKTS:BBSRF) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 4,700 shares, a decline of 85.3% from the May 31st total of 31,900 shares. Based on an average trading volume of 34,900 shares, the days-to-cover ratio is presently 0.1 days.

Bluestone Resources Stock Performance

Shares of Bluestone Resources stock traded up $0.01 during trading on Thursday, hitting $0.27. The company’s stock had a trading volume of 39,323 shares, compared to its average volume of 32,127. Bluestone Resources has a 52 week low of $0.13 and a 52 week high of $0.61. The stock has a 50-day moving average price of $0.35 and a two-hundred day moving average price of $0.30.

About Bluestone Resources

Bluestone Resources Inc engages in the exploration and development of precious metals. Its flagship asset is the Cerro Blanco gold project located in Southern Guatemala in the department of Jutiapa. The company was formerly known as Indicator Minerals Inc and changed its name to Bluestone Resources Inc in January 2012.