Short Interest in Medaro Mining Corp. (OTCMKTS:MEDAF) Increases By 22.1%

Medaro Mining Corp. (OTCMKTS:MEDAF) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 8,300 shares, a growth of 22.1% from the August 15th total of 6,800 shares. Based on an average daily volume of 39,000 shares, the short-interest ratio is currently 0.2 days.

Medaro Mining Trading Down 14.4 %

OTCMKTS:MEDAF traded down 0.01 during mid-day trading on Tuesday, reaching 0.09. 8,187 shares of the stock were exchanged, compared to its average volume of 12,221. Medaro Mining has a 1 year low of 0.07 and a 1 year high of 0.82. The company has a 50 day simple moving average of 0.12 and a 200-day simple moving average of 0.20.

Medaro Mining Company Profile

Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec.