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Short Interest in Ascendant Resources Inc. (OTCMKTS:ASDRF) Grows By 700.0%

Defense World ·  2023/03/12 06:03

Ascendant Resources Inc. (OTCMKTS:ASDRF – Get Rating) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 800 shares, an increase of 700.0% from the February 13th total of 100 shares. Based on an average daily volume of 24,900 shares, the days-to-cover ratio is currently 0.0 days.

Ascendant Resources Price Performance

ASDRF opened at $0.17 on Friday. The business has a fifty day simple moving average of $0.19 and a 200-day simple moving average of $0.14. Ascendant Resources has a fifty-two week low of $0.08 and a fifty-two week high of $0.22.

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About Ascendant Resources

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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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