Bluestone Resources Inc. (OTCMKTS:BBSRF) Sees Significant Decline in Short Interest

Bluestone Resources Inc. (OTCMKTS:BBSRF) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 4,700 shares, a decrease of 85.3% from the May 31st total of 31,900 shares. Based on an average trading volume of 34,900 shares, the days-to-cover ratio is currently 0.1 days.

Bluestone Resources Stock Performance

Shares of OTCMKTS:BBSRF opened at $0.27 on Friday. The company’s 50 day moving average price is $0.35 and its two-hundred day moving average price is $0.30. Bluestone Resources has a 12-month low of $0.13 and a 12-month high of $0.61.

About Bluestone Resources

Bluestone Resources Inc engages in the exploration and development of precious metals. Its flagship asset is the Cerro Blanco gold project located in Southern Guatemala in the department of Jutiapa. The company was formerly known as Indicator Minerals Inc and changed its name to Bluestone Resources Inc in January 2012.