Callinex Mines Inc. (OTCMKTS:CLLXF) Short Interest Down 69.1% in June

Callinex Mines Inc. (OTCMKTS:CLLXF) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 8,500 shares, a decline of 69.1% from the May 31st total of 27,500 shares. Based on an average daily trading volume, of 40,800 shares, the days-to-cover ratio is currently 0.2 days.

Callinex Mines Price Performance

Shares of OTCMKTS CLLXF traded down $0.06 during midday trading on Thursday, hitting $0.98. 48,872 shares of the company traded hands, compared to its average volume of 15,270. The stock has a 50-day moving average price of $1.03 and a 200 day moving average price of $1.07. Callinex Mines has a 12-month low of $0.87 and a 12-month high of $2.80.

About Callinex Mines

Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.