Short Interest in O3 Mining Inc. (OTCMKTS:OIIIF) Decreases By 33.4%

O3 Mining Inc. (OTCMKTS:OIIIF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 27,700 shares, a decrease of 33.4% from the February 28th total of 41,600 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 8.4 days.

O3 Mining Stock Performance

Shares of OTCMKTS:OIIIF remained flat at $1.14 during trading on Friday. The stock had a trading volume of 43,400 shares, compared to its average volume of 36,168. O3 Mining has a one year low of $0.68 and a one year high of $1.18. The company has a fifty day moving average price of $1.15 and a two-hundred day moving average price of $0.97.

O3 Mining Company Profile

O3 Mining Inc engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada.