International Tower Hill Mines Ltd (THM) Sees Large Drop in Short Interest

International Tower Hill Mines Ltd (NYSEAMERICAN:THM) (TSE:ITH) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 670,244 shares, a drop of 2.7% from the October 15th total of 688,863 shares. Based on an average daily trading volume, of 85,417 shares, the short-interest ratio is presently 7.8 days.

International Tower Hill Mines stock opened at $0.41 on Friday. International Tower Hill Mines has a 1 year low of $0.29 and a 1 year high of $0.78.

International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) last released its quarterly earnings data on Friday, November 2nd. The mining company reported ($0.01) earnings per share (EPS) for the quarter.

An institutional investor recently bought a new position in International Tower Hill Mines stock. Renaissance Technologies LLC bought a new stake in International Tower Hill Mines Ltd (NYSEAMERICAN:THM) (TSE:ITH) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 238,200 shares of the mining company’s stock, valued at approximately $120,000. Renaissance Technologies LLC owned approximately 0.13% of International Tower Hill Mines as of its most recent filing with the Securities & Exchange Commission.

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International Tower Hill Mines Company Profile

International Tower Hill Mines Ltd., a mineral exploration company, acquires and explores for mineral properties Canada and the United States. It holds or has rights to acquire ownership or leasehold interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska.

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