Short Interest in OceanaGold Co. (OTCMKTS:OCANF) Decreases By 21.1%

OceanaGold Co. (OTCMKTS:OCANF) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 2,392,700 shares, a decrease of 21.1% from the August 15th total of 3,033,500 shares. Based on an average daily volume of 170,500 shares, the days-to-cover ratio is currently 14.0 days.

OceanaGold Stock Performance

OTCMKTS OCANF opened at $2.90 on Tuesday. OceanaGold has a one year low of $1.53 and a one year high of $2.91. The company’s 50 day moving average price is $2.58 and its 200 day moving average price is $2.37.

OceanaGold Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, August 29th will be issued a dividend of $0.01 per share. The ex-dividend date is Thursday, August 29th.

About OceanaGold

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.