Endeavour Mining plc (OTCMKTS:EDVMF) Short Interest Up 17.8% in January

Endeavour Mining plc (OTCMKTS:EDVMF) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,058,600 shares, a growth of 17.8% from the January 15th total of 1,747,500 shares. Based on an average trading volume of 45,600 shares, the days-to-cover ratio is presently 45.1 days.

Endeavour Mining Price Performance

EDVMF traded down $0.51 during mid-day trading on Friday, reaching $21.99. 28,580 shares of the stock were exchanged, compared to its average volume of 35,023. The company has a 50 day moving average price of $19.31 and a two-hundred day moving average price of $20.88. Endeavour Mining has a 1 year low of $15.60 and a 1 year high of $25.37.

Endeavour Mining Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.57 per share. This is a boost from Endeavour Mining’s previous dividend of $0.41. The ex-dividend date of this dividend is Friday, March 14th.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d'Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.