Jaguar Mining Inc. (OTCMKTS:JAGGF) Sees Large Growth in Short Interest

Jaguar Mining Inc. (OTCMKTS:JAGGF) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 330,900 shares, a growth of 19.9% from the January 31st total of 275,900 shares. Based on an average trading volume of 100,300 shares, the short-interest ratio is currently 3.3 days.

Jaguar Mining Stock Up 5.8 %

OTCMKTS JAGGF traded up $0.10 during trading hours on Thursday, reaching $1.74. The company’s stock had a trading volume of 19,319 shares, compared to its average volume of 47,005. Jaguar Mining has a 1 year low of $1.39 and a 1 year high of $4.50. The firm’s 50-day moving average price is $1.73 and its 200-day moving average price is $2.66. The company has a market capitalization of $137.60 million, a price-to-earnings ratio of 4.57 and a beta of 1.79.

About Jaguar Mining

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. The company's principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.