Asante Gold Co. (OTCMKTS:ASGOF) Sees Large Increase in Short Interest

Asante Gold Co. (OTCMKTS:ASGOF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 14,900 shares, an increase of 55.2% from the January 31st total of 9,600 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 8.3 days.

Asante Gold Stock Performance

ASGOF stock opened at C$0.71 on Tuesday. The company has a 50-day moving average of C$0.71 and a two-hundred day moving average of C$0.85. Asante Gold has a 52-week low of C$0.60 and a 52-week high of C$1.08.

About Asante Gold

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana.