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

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 471,800 shares, an increase of 26.7% from the March 31st total of 372,500 shares. Based on an average daily trading volume, of 761,300 shares, the days-to-cover ratio is presently 0.6 days.

Ascot Resources Trading Down 7.7 %

Shares of AOTVF opened at $0.08 on Friday. The company has a 50-day simple moving average of $0.08 and a 200-day simple moving average of $0.12. Ascot Resources has a 52-week low of $0.07 and a 52-week high of $0.60.

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.