Ascot Resources Ltd. (OTCMKTS:AOTVF) Sees Large Increase in Short Interest

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 5,955,100 shares, an increase of 8.7% from the September 15th total of 5,478,800 shares. Based on an average daily trading volume, of 977,800 shares, the days-to-cover ratio is currently 6.1 days.

Ascot Resources Price Performance

Shares of OTCMKTS:AOTVF opened at $0.11 on Tuesday. The company has a 50 day moving average of $0.24 and a 200 day moving average of $0.39. Ascot Resources has a 12 month low of $0.11 and a 12 month high of $0.69.

Ascot Resources Company Profile

Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.