Short Interest in Callinex Mines Inc. (OTCMKTS:CLLXF) Expands By 29.8%

Callinex Mines Inc. (OTCMKTS:CLLXF) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 24,400 shares, an increase of 29.8% from the August 15th total of 18,800 shares. Based on an average daily volume of 24,500 shares, the short-interest ratio is presently 1.0 days.

Callinex Mines Trading Down 1.3 %

Shares of CLLXF opened at $1.96 on Monday. Callinex Mines has a one year low of $1.40 and a one year high of $4.00. The company’s fifty day moving average price is $1.93 and its 200 day moving average price is $2.25.

Callinex Mines Company Profile

Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,000 square hectare situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.