Helium One Global Ltd (OTCMKTS:HLOGF) Short Interest Down 66.6% in April

Helium One Global Ltd (OTCMKTS:HLOGF) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,019,555 shares, a drop of 66.6% from the April 15th total of 3,051,155 shares. Based on an average trading volume of 901,800 shares, the days-to-cover ratio is presently 1.1 days.

Helium One Global Trading Down 15.6%

Shares of OTCMKTS:HLOGF traded down C$0.00 on Thursday, reaching C$0.01. The company had a trading volume of 154,900 shares, compared to its average volume of 661,913. Helium One Global has a 52-week low of C$0.00 and a 52-week high of C$0.02. The firm’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01.

About Helium One Global

Helium One Global is a mineral exploration company focused on the discovery and development of high-grade helium resources. The company’s primary objective is to locate and advance helium prospects from initial airborne and geochemical surveys through to drilling and resource definition. Helium One Global applies modern exploration techniques—such as aeromagnetic surveying, soil gas geochemistry and subsurface geological modelling—to identify prospective targets in under-explored basins.

The company’s flagship project is located in the Rukwa Basin of southwestern Tanzania, where Helium One Global has secured an exploration licence covering a large prospective area.