Luminex Resources Corp. (OTCMKTS:LUMIF) Sees Significant Increase in Short Interest

Luminex Resources Corp. (OTCMKTS:LUMIF) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 23,700 shares, a growth of 6.8% from the October 15th total of 22,200 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 5.4 days.

Luminex Resources Stock Performance

Shares of LUMIF stock opened at $0.13 on Friday. Luminex Resources has a 12-month low of $0.12 and a 12-month high of $0.28. The firm’s 50 day moving average is $0.14 and its 200 day moving average is $0.18.

About Luminex Resources

Luminex Resources Corp. engages in the acquisition, exploration, and development of mineral resources in Ecuador. It explores for gold, silver, copper, molybdenum, and other metal deposits. The company holds interest in the Condor project that consists of nine mineral concessions covering an area of approximately 9,897 hectares located in the Zamora Chinchipe province in southeastern Ecuador.