Kesselrun Resources Ltd. (OTCMKTS:KSSRF) Sees Significant Increase in Short Interest

Kesselrun Resources Ltd. (OTCMKTS:KSSRF) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 18,200 shares, an increase of 1,554.5% from the January 31st total of 1,100 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is currently 1.6 days.

Kesselrun Resources Price Performance

Shares of KSSRF remained flat at $0.02 during trading hours on Thursday. Kesselrun Resources has a 12-month low of $0.02 and a 12-month high of $0.07. The company has a 50 day moving average of $0.03 and a 200-day moving average of $0.03.

About Kesselrun Resources

Kesselrun Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold deposits. The company owns a 100% interest in the Bluffpoint gold project that comprise 280 mining claims covering an area of approximately 8,857 hectares located in the Kenora mining division of northwestern Ontario.