Fosterville South Exploration Ltd. (OTCMKTS:FSXLF) Sees Large Increase in Short Interest

Fosterville South Exploration Ltd. (OTCMKTS:FSXLFGet Rating) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 13,700 shares, an increase of 1,145.5% from the March 31st total of 1,100 shares. Based on an average trading volume of 41,900 shares, the days-to-cover ratio is presently 0.3 days.

FSXLF traded down 0.03 during trading hours on Wednesday, reaching 0.41. 66,300 shares of the company’s stock traded hands, compared to its average volume of 28,634. The firm has a 50-day moving average price of 0.51 and a 200 day moving average price of 0.66. Fosterville South Exploration has a 52-week low of 0.41 and a 52-week high of 1.34.

Fosterville South Exploration Company Profile (Get Rating)

Fosterville South Exploration Ltd., a junior exploration company, engages in the acquisition and exploration of epizonal orogenic gold deposits in Australia. It holds 100% interests in the Lauriston gold and Golden Mountain projects located in the central part of the state of Victoria; and Providence gold project.

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