Short Interest in Rio2 Limited (OTCMKTS:RIOFF) Grows By 176.4%

Rio2 Limited (OTCMKTS:RIOFF) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 48,100 shares, an increase of 176.4% from the September 30th total of 17,400 shares. Based on an average trading volume of 239,600 shares, the short-interest ratio is presently 0.2 days.

Rio2 Stock Performance

Shares of Rio2 stock opened at C$0.54 on Monday. The business has a 50 day moving average price of C$0.45 and a 200 day moving average price of C$0.40. Rio2 has a 1 year low of C$0.11 and a 1 year high of C$0.58.

Rio2 Company Profile

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.