Short Interest in Canadian Palladium Resources Inc. (OTCMKTS:DCNNF) Rises By 79.8%

Canadian Palladium Resources Inc. (OTCMKTS:DCNNF – Get Rating) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 46,400 shares, an increase of 79.8% from the April 15th total of 25,800 shares. Based on an average daily volume of 696,800 shares, the days-to-cover ratio is presently 0.1 days.

OTCMKTS DCNNF opened at 0.07 on Friday. The company has a fifty day simple moving average of 0.07 and a 200 day simple moving average of 0.06. Canadian Palladium Resources has a 12-month low of 0.04 and a 12-month high of 0.15.

Canadian Palladium Resources Company Profile (Get Rating)

Canadian Palladium Resources Inc engages in the acquisition and exploration of resource properties in North America and Europe. The company holds 100% interest in the East Bull Palladium Property that comprise 992 hectares located in the Gerow Township, Ontario, Canada; and Tisová and TGER cobalt-copper properties located in Europe.

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