Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) Sees Large Growth in Short Interest

Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 38,500 shares, an increase of 46.4% from the February 28th total of 26,300 shares. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is currently 0.6 days.

Reflex Advanced Materials Price Performance

OTCMKTS RFLXF remained flat at $0.04 on Tuesday. The company’s 50 day moving average price is $0.04 and its 200 day moving average price is $0.03. Reflex Advanced Materials has a 1-year low of $0.01 and a 1-year high of $0.12.

About Reflex Advanced Materials

Reflex Advanced Materials Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. It has an option agreement to acquire 100% interests in the Ruby Graphite project covering approximately 2,000 acres and 96 federal lode mining claims located in Beaverhead County, Montana.