Meridian Mining UK Societas (OTCMKTS:MRRDF) Sees Large Increase in Short Interest

Meridian Mining UK Societas (OTCMKTS:MRRDF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 152,000 shares, a growth of 26.8% from the December 31st total of 119,900 shares. Based on an average daily trading volume, of 131,900 shares, the days-to-cover ratio is presently 1.2 days.

Meridian Mining UK Societas Stock Down 1.6 %

Shares of MRRDF traded down C$0.01 during midday trading on Monday, reaching C$0.30. The company had a trading volume of 15,000 shares, compared to its average volume of 70,165. Meridian Mining UK Societas has a 1-year low of C$0.20 and a 1-year high of C$0.44. The firm has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.30.

About Meridian Mining UK Societas

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. It explores for manganese, gold, copper, and tin deposits. The company holds a 100% interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.