Fortune Minerals Limited (OTCMKTS:FTMDF – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 97,500 shares, a growth of 44.4% from the August 31st total of 67,500 shares. Based on an average daily trading volume, of 14,100 shares, the days-to-cover ratio is currently 6.9 days.
Fortune Minerals Stock Performance
FTMDF remained flat at $0.04 during trading on Friday. 42,000 shares of the company traded hands, compared to its average volume of 64,416. Fortune Minerals has a one year low of $0.02 and a one year high of $0.10. The firm’s 50 day moving average price is $0.05 and its two-hundred day moving average price is $0.05.
About Fortune Minerals
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