Ascot Resources Ltd. (OTCMKTS:AOTVF) Sees Significant Decline in Short Interest

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 5,842,400 shares, a drop of 57.7% from the November 15th total of 13,827,100 shares. Based on an average daily trading volume, of 1,196,700 shares, the days-to-cover ratio is currently 4.9 days.

Ascot Resources Stock Down 6.7 %

Shares of Ascot Resources stock traded down $0.01 during trading hours on Wednesday, hitting $0.13. 753,822 shares of the company’s stock traded hands, compared to its average volume of 470,888. The stock has a 50 day simple moving average of $0.15 and a 200-day simple moving average of $0.28. Ascot Resources has a twelve month low of $0.11 and a twelve month high of $0.69.

Ascot Resources Company Profile

Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.