Aldebaran Resources Inc. (OTCMKTS:ADBRF) Sees Large Decline in Short Interest

Aldebaran Resources Inc. (OTCMKTS:ADBRF) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 33,000 shares, a decrease of 19.1% from the February 13th total of 40,800 shares. Based on an average daily volume of 90,900 shares, the days-to-cover ratio is presently 0.4 days.

Aldebaran Resources Price Performance

ADBRF opened at $1.47 on Thursday. Aldebaran Resources has a one year low of $0.58 and a one year high of $1.81. The company’s 50 day simple moving average is $1.31 and its 200-day simple moving average is $1.18.

About Aldebaran Resources

Aldebaran Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Argentina. It holds 100% interests in the Rio Grande copper-gold project located in Salta Province, Argentina; the Aguas Calientes, El Camino, Catua, Oscuro, and La Frontera properties in Argentina; and 60% interest in the Altar copper-gold project consisting of nine mining concessions and nine servidumbres located in San Juan Province, Argentina.