Magna Mining Inc. (OTCMKTS:MGMNF – Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 91,100 shares, an increase of 31.5% from the March 31st total of 69,300 shares. Based on an average trading volume of 87,400 shares, the days-to-cover ratio is currently 1.0 days.
Magna Mining Stock Performance
Shares of MGMNF remained flat at $0.60 on Tuesday. 279,340 shares of the company were exchanged, compared to its average volume of 37,495. Magna Mining has a one year low of $0.28 and a one year high of $0.71. The company’s 50-day moving average price is $0.42 and its 200 day moving average price is $0.37.
About Magna Mining
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