Short Interest in Quaterra Resources Inc. (OTCMKTS:QTRRF) Drops By 69.8%

Quaterra Resources Inc. (OTCMKTS:QTRRF) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 34,700 shares, a decline of 69.8% from the August 15th total of 114,900 shares. Based on an average daily volume of 288,600 shares, the days-to-cover ratio is currently 0.1 days.

Shares of QTRRF stock opened at $0.08 on Wednesday. Quaterra Resources has a fifty-two week low of $0.04 and a fifty-two week high of $0.25. The stock’s 50-day simple moving average is $0.11 and its 200-day simple moving average is $0.13.

About Quaterra Resources

Quaterra Resources, Inc engages in the acquisition, exploration, and development of mineral properties. It holds interest in the Groundhog and Quaterra’s Yerington Copper projects. The company was founded on May 11, 1993 and is headquartered in Vancouver, Canada.

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