O3 Mining Inc. (OTCMKTS:OIIIF) Sees Significant Increase in Short Interest

O3 Mining Inc. (OTCMKTS:OIIIF) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 30,600 shares, an increase of 1,430.0% from the October 15th total of 2,000 shares. Based on an average daily trading volume, of 54,100 shares, the days-to-cover ratio is currently 0.6 days.

O3 Mining Trading Down 1.3 %

OIIIF stock traded down $0.01 during midday trading on Tuesday, reaching $0.75. 200 shares of the stock were exchanged, compared to its average volume of 12,679. The company has a fifty day moving average price of $0.77 and a 200 day moving average price of $0.87. O3 Mining has a 52 week low of $0.68 and a 52 week high of $1.30.

About O3 Mining

O3 Mining Inc engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada.