Asante Gold Co. (OTCMKTS:ASGOF) Short Interest Update

Asante Gold Co. (OTCMKTS:ASGOF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 1,187,300 shares, an increase of 580.4% from the September 30th total of 174,500 shares. Based on an average trading volume of 109,200 shares, the days-to-cover ratio is currently 10.9 days. Based on an average trading volume of 109,200 shares, the days-to-cover ratio is currently 10.9 days.

Asante Gold Stock Down 3.8%

Asante Gold stock opened at C$1.47 on Tuesday. The stock’s 50 day simple moving average is C$1.43 and its two-hundred day simple moving average is C$1.15. Asante Gold has a fifty-two week low of C$0.60 and a fifty-two week high of C$1.85.

Asante Gold Company Profile

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana.