Rio2 Limited (OTCMKTS:RIOFF) Short Interest Update

Rio2 Limited (OTCMKTS:RIOFF) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 31,200 shares, a drop of 17.0% from the January 15th total of 37,600 shares. Based on an average daily volume of 224,200 shares, the short-interest ratio is presently 0.1 days.

Rio2 Price Performance

Shares of OTCMKTS RIOFF opened at C$0.53 on Friday. Rio2 has a fifty-two week low of C$0.23 and a fifty-two week high of C$0.58. The stock’s 50-day simple moving average is C$0.46 and its 200-day simple moving average is C$0.45.

About Rio2

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.