General European Strategic Investments Inc. (OTCMKTS:GESI) Short Interest Up 2,598.2% in May

General European Strategic Investments Inc. (OTCMKTS:GESI – Get Rating) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 151,100 shares, an increase of 2,598.2% from the April 30th total of 5,600 shares. Based on an average daily trading volume, of 1,474,700 shares, the days-to-cover ratio is currently 0.1 days.

Shares of OTCMKTS GESI traded up $0.31 during midday trading on Wednesday, hitting $4.00. 704,753 shares of the company’s stock traded hands, compared to its average volume of 338,292. General European Strategic Investments has a 1 year low of $0.84 and a 1 year high of $23.00.

About General European Strategic Investments (Get Rating)

General European Strategic Investments Inc owns interests in a portfolio of projects located in Eastern Europe. Its projects comprise Laakso platinum group element-nickel-copper project located in Finland; Pryniprovian diamond project and Transcarpathian gold project in Ukraine; and the Gemerska Poloma talc mining rights in Slovakia.

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