Filo Corp. (OTCMKTS:FLMMF) Sees Significant Drop in Short Interest

Filo Corp. (OTCMKTS:FLMMF) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,492,000 shares, a drop of 13.4% from the October 15th total of 1,723,000 shares. Based on an average daily volume of 122,600 shares, the days-to-cover ratio is presently 12.2 days.

Filo Trading Down 0.0 %

Shares of FLMMF traded down $0.01 during midday trading on Monday, hitting $22.84. 43,400 shares of the company traded hands, compared to its average volume of 48,530. Filo has a one year low of $12.25 and a one year high of $24.50. The stock has a 50-day moving average of $23.43 and a 200-day moving average of $21.33.

About Filo

Filo Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, and development of mineral properties in Chile and Argentina. Its flagship property is the 100% owned Filo del Sol copper-gold-silver deposit located in the San Juan province of Argentina and the adjacent Atacama Region of Northern Chile.