Steppe Gold Ltd. (OTCMKTS:STPGF) Sees Significant Growth in Short Interest

Steppe Gold Ltd. (OTCMKTS:STPGF) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 43,800 shares, a growth of 696.4% from the January 31st total of 5,500 shares. Based on an average daily trading volume, of 73,500 shares, the short-interest ratio is currently 0.6 days.

Steppe Gold Trading Down 6.2 %

Shares of OTCMKTS STPGF traded down $0.03 during midday trading on Friday, hitting $0.47. The company’s stock had a trading volume of 73,184 shares, compared to its average volume of 25,055. Steppe Gold has a 1-year low of $0.39 and a 1-year high of $0.64. The firm’s fifty day moving average price is $0.46 and its 200-day moving average price is $0.49.

About Steppe Gold

Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru. Its flagship project is the 100% owned Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Dornod, Mongolia. The company is headquartered in Ulaanbaatar, Mongolia.