Medaro Mining Corp. (OTCMKTS:MEDAF) Sees Large Growth in Short Interest

Medaro Mining Corp. (OTCMKTS:MEDAF) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 47,893 shares, an increase of 18.9% from the January 29th total of 40,285 shares. Based on an average daily volume of 47,631 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 47,631 shares, the short-interest ratio is presently 1.0 days.

Medaro Mining Stock Performance

Shares of MEDAF stock opened at $0.32 on Thursday. Medaro Mining has a one year low of $0.02 and a one year high of $0.56. The firm has a 50-day moving average of $0.29 and a 200-day moving average of $0.20.

Medaro Mining Company Profile

Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec. It also holds an option to acquire 70% interest in the Yurchison Uranium property that consists of 12 mining claims covering an area of 55,934 hectares located in the Wollaston Domain, Northern Saskatchewan; and an option to acquire 100% interest in the Darlin Li-Be Property in Quebec.