Capricorn Metals Ltd (OTCMKTS:CRNLF) Sees Large Increase in Short Interest

Capricorn Metals Ltd (OTCMKTS:CRNLF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 365,000 shares, an increase of 7.5% from the December 31st total of 339,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 3,650.0 days.

Capricorn Metals Price Performance

Shares of CRNLF stock opened at C$4.60 on Monday. The business’s fifty day simple moving average is C$4.37 and its 200-day simple moving average is C$4.09. Capricorn Metals has a 12-month low of C$2.90 and a 12-month high of C$4.60.

About Capricorn Metals

Capricorn Metals Ltd engages in the evaluation, exploration, development, and production of gold properties in Australia. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Australia.