Short Interest in Hycroft Mining Holding Co. (NASDAQ:HYMCW) Grows By 12.4%

Hycroft Mining Holding Co. (NASDAQ:HYMCW) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 283,000 shares, an increase of 12.4% from the October 15th total of 251,800 shares. Based on an average daily volume of 37,500 shares, the short-interest ratio is presently 7.5 days.

Hycroft Mining Stock Performance

HYMCW remained flat at $0.01 during midday trading on Monday. The company’s stock had a trading volume of 570,803 shares, compared to its average volume of 93,111. The company’s 50 day simple moving average is $0.01 and its 200-day simple moving average is $0.02. Hycroft Mining has a 12-month low of $0.01 and a 12-month high of $0.04.

Hycroft Mining Company Profile

Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that consists of 30 private parcels with patented claims comprising approximately 1,787 acres, and 3,247 unpatented mining claims that encompass approximately 62,298 acres located in the state of Nevada.