Ascot Resources Ltd. (OTCMKTS:AOTVF) Short Interest Up 36.6% in December

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 3,562,255 shares, a growth of 36.6% from the November 30th total of 2,607,955 shares. Based on an average daily trading volume, of 3,111,053 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 3,111,053 shares, the short-interest ratio is currently 1.1 days.

Ascot Resources Stock Up 1.7%

Shares of AOTVF opened at $0.55 on Tuesday. The firm’s fifty day simple moving average is $0.13 and its two-hundred day simple moving average is $0.07. Ascot Resources has a 12 month low of $0.01 and a 12 month high of $0.16.

About Ascot Resources

Ascot Resources Ltd. is a Canadian mineral exploration and development company focused on advancing gold projects in the prolific Golden Triangle region of northwestern British Columbia. Headquartered in Vancouver, the company’s primary asset is the Premier Gold Project, which encompasses multiple former-producing zones and high-grade deposits situated near the town of Stewart. Ascot holds an extensive land package that includes the Silver Coin and Auger Lake properties, each of which contributes to the overall resource base and near-term development potential.

The Premier Gold Project is the cornerstone of Ascot’s project portfolio and has been the subject of extensive drilling, metallurgical testing and engineering studies.