Opawica Explorations Inc. (OTCMKTS:OPWEF) Shares Shorted: Short Interest Up 526.8% in September

Opawica Explorations Inc. (OTCMKTS:OPWEF) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 73,502 shares, an increase of 526.8% from the September 15th total of 11,726 shares. Based on an average daily volume of 59,251 shares, the short-interest ratio is presently 1.2 days.

Opawica Explorations Price Performance

Shares of OTCMKTS OPWEF traded down $0.01 during midday trading on Friday, reaching $0.09. 64,550 shares of the stock were exchanged, compared to its average volume of 28,501. The firm has a 50-day simple moving average of $0.09 and a two-hundred day simple moving average of $0.08. Opawica Explorations has a twelve month low of $0.04 and a twelve month high of $0.11.

Opawica Explorations Company Profile

Opawica Explorations Inc is a Canadian mineral exploration company focused on the acquisition, evaluation and advancement of mineral properties prospective for gold and other metals. The company does not operate producing mines; its activities center on geological mapping, sampling, drilling and other exploration work intended to identify and assess mineral resources.

Opawica’s principal exploration interests are in Quebec’s Abitibi region, one of Canada’s best-known mining districts. Its portfolio has included the Bazooka and McWatters properties, which are located in or near the Rouyn-Noranda area and are considered prospective for gold mineralization.