Orvana Minerals Corp. (OTCMKTS:ORVMF) Sees Significant Increase in Short Interest

Orvana Minerals Corp. (OTCMKTS:ORVMF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 31,800 shares, an increase of 24.2% from the December 15th total of 25,600 shares. Based on an average trading volume of 16,700 shares, the short-interest ratio is currently 1.9 days.

Orvana Minerals Price Performance

Orvana Minerals stock remained flat at $0.21 during midday trading on Friday. Orvana Minerals has a 12-month low of $0.07 and a 12-month high of $0.31. The company’s 50 day moving average price is $0.20 and its 200-day moving average price is $0.22.

About Orvana Minerals

Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits. It owns and operates El Valle and Carlés mines that produces copper concentrate located in the Rio Narcea Gold Belt, northern Spain.