Short Interest in Montage Gold Corp. (OTCMKTS:MAUTF) Declines By 38.8%

Montage Gold Corp. (OTCMKTS:MAUTF) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 32,300 shares, a drop of 38.8% from the January 31st total of 52,800 shares. Based on an average trading volume of 120,900 shares, the short-interest ratio is currently 0.3 days.

Montage Gold Price Performance

OTCMKTS:MAUTF traded down $0.05 during trading hours on Friday, hitting $1.63. 29,278 shares of the company traded hands, compared to its average volume of 55,156. The firm’s 50-day simple moving average is $1.57 and its 200-day simple moving average is $1.52. Montage Gold has a one year low of $0.61 and a one year high of $1.88.

About Montage Gold

Montage Gold Corp., a precious metals exploration and development company, engages in the exploration and development of mineral properties. Its flagship property is the Koné Gold Project covering an area of 2,259 square kilometers located in the Côte d'Ivoire, West Africa. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.