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

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 4,642,900 shares, an increase of 21.8% from the August 15th total of 3,811,700 shares. Based on an average trading volume of 797,700 shares, the days-to-cover ratio is currently 5.8 days.

Ascot Resources Price Performance

OTCMKTS:AOTVF opened at $0.12 on Monday. Ascot Resources has a 12-month low of $0.11 and a 12-month high of $0.69. The firm has a 50-day moving average price of $0.32 and a 200 day moving average price of $0.45.

About Ascot Resources

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.