Montage Gold Corp. (OTCMKTS:MAUTF) Short Interest Up 23.1% in September

Montage Gold Corp. (OTCMKTS:MAUTF) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 155,300 shares, an increase of 23.1% from the August 31st total of 126,200 shares. Based on an average trading volume of 70,400 shares, the days-to-cover ratio is presently 2.2 days.

Montage Gold Price Performance

Shares of MAUTF stock remained flat at $1.43 on Monday. The company had a trading volume of 22,535 shares, compared to its average volume of 36,010. Montage Gold has a twelve month low of $0.37 and a twelve month high of $1.50. The stock’s 50 day moving average is $1.32 and its 200 day moving average is $1.11.

About Montage Gold

Montage Gold Corp., a precious metals exploration and development company, engages in the exploration and development of mineral properties. Its flagship property is the Koné Gold Project covering an area of 2,259 square kilometers located in the Côte d'Ivoire, West Africa. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.