Ascot Resources Ltd. (OTCMKTS:AOTVF) Short Interest Up 28.9% in October

Ascot Resources Ltd. (OTCMKTS:AOTVF) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 8,419,600 shares, an increase of 28.9% from the October 15th total of 6,531,800 shares. Based on an average daily volume of 1,582,300 shares, the days-to-cover ratio is presently 5.3 days.

Ascot Resources Price Performance

Shares of AOTVF opened at $0.12 on Friday. The stock’s fifty day moving average is $0.14 and its 200-day moving average is $0.32. Ascot Resources has a one year low of $0.11 and a one year high of $0.69.

About Ascot Resources

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.