Aldebaran Resources Inc. (OTCMKTS:ADBRF) Sees Significant Increase in Short Interest

Aldebaran Resources Inc. (OTCMKTS:ADBRF) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 18,900 shares, a growth of 136.3% from the January 15th total of 8,000 shares. Based on an average daily trading volume, of 38,500 shares, the days-to-cover ratio is presently 0.5 days.

Aldebaran Resources Trading Up 0.7 %

ADBRF stock opened at $1.37 on Thursday. The stock has a 50-day moving average price of $1.28 and a two-hundred day moving average price of $1.06. Aldebaran Resources has a 1 year low of $0.47 and a 1 year high of $1.67.

Aldebaran Resources Company Profile

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.