Short Interest in Osino Resources Corp. (OTCMKTS:OSIIF) Rises By 57.1%

Osino Resources Corp. (OTCMKTS:OSIIF) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 31,900 shares, an increase of 57.1% from the March 15th total of 20,300 shares. Based on an average trading volume of 59,600 shares, the days-to-cover ratio is presently 0.5 days.

Osino Resources Price Performance

OSIIF stock traded down $0.01 during midday trading on Friday, hitting $1.31. 12,750 shares of the company’s stock were exchanged, compared to its average volume of 72,789. The business has a 50-day simple moving average of $1.23 and a two-hundred day simple moving average of $0.99. Osino Resources has a 1-year low of $0.65 and a 1-year high of $1.34.

Osino Resources Company Profile

Osino Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold mining properties in Namibia. Its flagship project is the Twin Hills project that consists of 11 licenses covering 153,206 hectares located in Central Namibia; holds 100% interest in the Ondundu gold exploration property covering 19,969 hectares located in Namibia; and Otjikoto East gold project that consists of one license covering approximately 38,114 hectares located in Northern Namibia.