Short Interest in Rio2 Limited (OTCMKTS:RIOFF) Rises By 896.3%

Rio2 Limited (OTCMKTS:RIOFF) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 240,100 shares, an increase of 896.3% from the March 31st total of 24,100 shares. Based on an average daily volume of 400,900 shares, the days-to-cover ratio is presently 0.6 days.

Rio2 Stock Up 2.4 %

Rio2 stock traded up C$0.01 during trading hours on Friday, hitting C$0.34. The stock had a trading volume of 162,254 shares, compared to its average volume of 117,454. Rio2 has a 1-year low of C$0.11 and a 1-year high of C$0.35. The stock’s fifty day moving average is C$0.29 and its two-hundred day moving average is C$0.23.

About Rio2

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.