Ascendant Resources Inc. (OTCMKTS:ASDRF – Get Rating) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 800 shares, a growth of 700.0% from the February 13th total of 100 shares. Based on an average trading volume of 24,900 shares, the short-interest ratio is currently 0.0 days.
Ascendant Resources Stock Performance
OTCMKTS:ASDRF remained flat at $0.17 during trading hours on Friday. The company had a trading volume of 14,674 shares, compared to its average volume of 14,581. Ascendant Resources has a 12 month low of $0.08 and a 12 month high of $0.22. The company has a 50 day moving average of $0.19 and a two-hundred day moving average of $0.14.
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Ascendant Resources Inc, a mining company, explores for and develops mineral properties. The company explores for zinc, copper, lead, tin, silver, gold, and other metals. It holds 50% interest in the Lagoa Salgada volcanogenic massive sulphide project, which covers an area of 10,700 hectares located on the Iberian Pyrite Belt in Portugal.
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