Callinex Mines Inc. (OTCMKTS:CLLXF) Short Interest Up 25.8% in August

Callinex Mines Inc. (OTCMKTS:CLLXF) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 3,900 shares, an increase of 25.8% from the July 31st total of 3,100 shares. Based on an average trading volume of 14,400 shares, the short-interest ratio is currently 0.3 days.

Callinex Mines Stock Performance

CLLXF stock traded down $0.02 during midday trading on Friday, hitting $0.71. The company’s stock had a trading volume of 5,704 shares, compared to its average volume of 14,070. The firm’s 50-day moving average is $0.83 and its 200-day moving average is $0.94. Callinex Mines has a 12 month low of $0.66 and a 12 month high of $2.01.

About Callinex Mines

Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.