Aldebaran Resources Inc. (OTCMKTS:ADBRF) Sees Large Decline in Short Interest

Aldebaran Resources Inc. (OTCMKTS:ADBRF) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 33,000 shares, a drop of 19.1% from the February 13th total of 40,800 shares. Based on an average trading volume of 90,900 shares, the days-to-cover ratio is currently 0.4 days.

Aldebaran Resources Stock Up 5.4 %

Shares of ADBRF stock opened at $1.47 on Thursday. The firm’s 50 day moving average price is $1.31 and its two-hundred day moving average price is $1.18. Aldebaran Resources has a 52-week low of $0.58 and a 52-week high of $1.81.

About Aldebaran Resources

Aldebaran Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Argentina. It holds 100% interests in the Rio Grande copper-gold project located in Salta Province, Argentina; the Aguas Calientes, El Camino, Catua, Oscuro, and La Frontera properties in Argentina; and 60% interest in the Altar copper-gold project consisting of nine mining concessions and nine servidumbres located in San Juan Province, Argentina.