Ascot Resources Ltd. (OTCMKTS:AOTVF) Sees Large Decline in Short Interest

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 4,536,100 shares, a decrease of 22.4% from the November 30th total of 5,842,400 shares. Based on an average daily volume of 1,020,600 shares, the days-to-cover ratio is presently 4.4 days.

Ascot Resources Stock Performance

OTCMKTS AOTVF traded up $0.01 during trading on Friday, hitting $0.13. The company’s stock had a trading volume of 454,818 shares, compared to its average volume of 477,772. Ascot Resources has a 52 week low of $0.11 and a 52 week high of $0.69. The firm has a 50 day moving average price of $0.15 and a 200 day moving average price of $0.25.

About Ascot Resources

Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.