Amex Exploration Inc. (OTCMKTS:AMXEF) Shares Shorted: Short Interest Up 263.3% in October

Amex Exploration Inc. (OTCMKTS:AMXEF) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 147,195 shares, an increase of 263.3% from the October 15th total of 40,519 shares. Based on an average trading volume of 57,183 shares, the days-to-cover ratio is presently 2.6 days.

Amex Exploration Price Performance

Shares of AMXEF stock opened at $2.44 on Friday. The stock’s 50-day simple moving average is $2.83 and its 200-day simple moving average is $3.07. Amex Exploration has a fifty-two week low of $1.95 and a fifty-two week high of $4.00.

Amex Exploration Company Profile

Amex Exploration Inc. is a Canadian mineral exploration company focused on the discovery and development of gold properties. The company’s activities include geological mapping, geophysical surveys, drilling, resource evaluation and other exploration work designed to identify and define mineralization. It does not currently operate as a mining producer or manufacture commercial products. Amex’s principal asset is the Perron Gold Project in Quebec’s prolific Abitibi Greenstone Belt, near the town of Normetal.