Medaro Mining Corp. (OTCMKTS:MEDAF) Shares Shorted: Short Interest Up 46.6% in September

Medaro Mining Corp. (OTCMKTS:MEDAF) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 7,250 shares, a growth of 46.6% from the August 31st total of 4,946 shares. Based on an average trading volume of 19,549 shares, the short-interest ratio is currently 0.4 days.

Medaro Mining Price Performance

Medaro Mining stock remained flat at $0.17 during midday trading on Thursday. 531 shares of the company traded hands, compared to its average volume of 14,282. The firm has a 50 day moving average price of $0.17 and a two-hundred day moving average price of $0.26. Medaro Mining has a twelve month low of $0.03 and a twelve month high of $0.56.

About Medaro Mining

Medaro Mining Corp. is a Canadian mineral exploration and development company focused primarily on lithium and uranium opportunities. The company evaluates and advances mineral properties with the potential to support the supply of materials used in energy storage, electrification and other industrial applications.

Medaro Mining has pursued lithium exploration in Quebec’s James Bay region, an area known for its hard-rock lithium potential, as well as uranium exploration projects in Saskatchewan.