O3 Mining Inc. (OTCMKTS:OIIIF) Short Interest Down 52.9% in May

O3 Mining Inc. (OTCMKTS:OIIIF – Get Rating) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 4,100 shares, a decline of 52.9% from the April 30th total of 8,700 shares. Based on an average daily trading volume, of 14,100 shares, the short-interest ratio is presently 0.3 days.

O3 Mining Stock Performance

Shares of OIIIF traded down $0.01 during mid-day trading on Friday, reaching $1.14. 5,168 shares of the company’s stock traded hands, compared to its average volume of 12,113. The business’s 50-day moving average price is $1.14 and its 200-day moving average price is $1.14. O3 Mining has a 12 month low of $0.80 and a 12 month high of $1.71.

O3 Mining Company Profile

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O3 Mining Inc engages in the acquisition, exploration, and development of precious mineral deposits in Canada. It primarily explores for gold deposits. The company's flagship properties include Marban Property, which covers 7,525 hectares located in Val-d'Or, Québec, Canada; and the Alpha property, which covers 7,754 hectares located in Val-d'Or, Québec.