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Short Interest in Osino Resources Corp. (OTCMKTS:OSIIF) Expands By 19.4%

Defense World ·  Aug 15, 2022 04:51

Osino Resources Corp. (OTCMKTS:OSIIF – Get Rating) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 155,800 shares, an increase of 19.4% from the July 15th total of 130,500 shares. Based on an average daily volume of 128,700 shares, the short-interest ratio is presently 1.2 days.

Osino Resources Trading Down 3.7 %

OSIIF stock opened at $0.62 on Monday. Osino Resources has a 1-year low of $0.56 and a 1-year high of $1.12. The business's 50 day moving average is $0.72 and its 200-day moving average is $0.86.

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Analyst Upgrades and Downgrades

Separately, Echelon Wealth Partners reiterated a "buy" rating and issued a $2.20 price objective on shares of Osino Resources in a research note on Friday, June 10th.

About Osino Resources

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Osino Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold mining properties in Namibia. Its flagship project is the Twin Hills project located in Central Namibia. As of December 31, 2021, it had 14 exploration licenses covering 153,658 hectares located in Namibia.

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