ATEX Resources Inc. (OTCMKTS:ECRTF) Sees Significant Increase in Short Interest

ATEX Resources Inc. (OTCMKTS:ECRTF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 484,600 shares, a growth of 9.8% from the September 30th total of 441,200 shares. Based on an average trading volume of 8,200 shares, the days-to-cover ratio is presently 59.1 days.

ATEX Resources Price Performance

Shares of ECRTF stock opened at $1.20 on Wednesday. ATEX Resources has a one year low of $0.43 and a one year high of $1.25. The company’s 50-day moving average is $0.98 and its 200 day moving average is $0.95.

About ATEX Resources

ATEX Resources Inc engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc in February 2019.