Klondex Mines Ltd (KLDX) Short Interest Up 7.4% in November
Klondex Mines Ltd (NYSEAMERICAN:KLDX) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 17,984,258 shares, an increase of 7.4% from the November 15th total of 16,748,034 shares. Based on an average daily trading volume, of 1,114,014 shares, the days-to-cover ratio is presently 16.1 days. Approximately 10.2% of the shares of the stock are short sold.
Klondex Mines (KLDX) traded up $0.16 on Monday, reaching $2.37. The company’s stock had a trading volume of 1,677,894 shares, compared to its average volume of 1,252,664. Klondex Mines has a one year low of $2.16 and a one year high of $5.91.
Institutional investors and hedge funds have recently bought and sold shares of the business. TIAA CREF Investment Management LLC purchased a new stake in Klondex Mines during the second quarter worth $1,588,000. Bank of New York Mellon Corp purchased a new stake in Klondex Mines during the second quarter worth $1,740,000. CIBC Asset Management Inc boosted its position in Klondex Mines by 0.7% during the second quarter. CIBC Asset Management Inc now owns 61,996 shares of the basic materials company’s stock worth $209,000 after purchasing an additional 446 shares in the last quarter. Swiss National Bank boosted its position in Klondex Mines by 16.8% during the second quarter. Swiss National Bank now owns 292,881 shares of the basic materials company’s stock worth $987,000 after purchasing an additional 42,100 shares in the last quarter. Finally, Alliancebernstein L.P. purchased a new stake in Klondex Mines during the second quarter worth $723,000.
About Klondex Mines
Klondex Mines Ltd is a Canada-based gold and silver mining company. The Company focuses on exploration, development and production of over two gold and silver projects in north central Nevada, being the Fire Creek mine located in Lander County, Nevada, the Midas mine and ore milling facility located in Nevada.
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