Medaro Mining Corp. (OTCMKTS:MEDAF) Sees Large Decrease in Short Interest

Medaro Mining Corp. (OTCMKTS:MEDAF) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 4,300 shares, a decline of 29.5% from the September 15th total of 6,100 shares. Based on an average daily trading volume, of 25,200 shares, the days-to-cover ratio is currently 0.2 days.

Medaro Mining Stock Performance

Shares of MEDAF traded down 0.03 during mid-day trading on Friday, hitting 0.08. The stock had a trading volume of 200 shares, compared to its average volume of 11,925. Medaro Mining has a 52 week low of 0.05 and a 52 week high of 0.63. The business has a fifty day moving average price of 0.10 and a 200-day moving average price of 0.16.

About Medaro Mining

Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec.