Short Interest in Bluestone Resources Inc. (OTCMKTS:BBSRF) Rises By 102.1%

Bluestone Resources Inc. (OTCMKTS:BBSRF) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 9,500 shares, an increase of 102.1% from the June 15th total of 4,700 shares. Based on an average daily trading volume, of 141,900 shares, the days-to-cover ratio is currently 0.1 days.

Bluestone Resources Price Performance

Shares of BBSRF stock traded up $0.04 during trading hours on Friday, reaching $0.24. The company’s stock had a trading volume of 10,275 shares, compared to its average volume of 30,998. The firm’s fifty day simple moving average is $0.32 and its 200 day simple moving average is $0.31. Bluestone Resources has a one year low of $0.13 and a one year high of $0.61.

Bluestone Resources Company Profile

Bluestone Resources Inc engages in the exploration and development of precious metals. Its flagship asset is the Cerro Blanco gold project located in Southern Guatemala in the department of Jutiapa. The company was formerly known as Indicator Minerals Inc and changed its name to Bluestone Resources Inc in January 2012.