Asante Gold Co. (OTCMKTS:ASGOF) Sees Significant Drop in Short Interest

Asante Gold Co. (OTCMKTS:ASGOF) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 9,600 shares, a decrease of 83.6% from the January 15th total of 58,600 shares. Based on an average daily trading volume, of 12,600 shares, the short-interest ratio is presently 0.8 days.

Asante Gold Price Performance

OTCMKTS ASGOF opened at C$0.72 on Friday. The business’s 50-day moving average price is C$0.73 and its 200 day moving average price is C$0.86. 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.