NevGold Corp. (OTCMKTS:NAUFF) Short Interest Up 161.8% in June

NevGold Corp. (OTCMKTS:NAUFF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,162,600 shares, an increase of 161.8% from the May 31st total of 444,078 shares. Based on an average daily volume of 771,523 shares, the days-to-cover ratio is currently 1.5 days.

NevGold Stock Performance

OTCMKTS:NAUFF opened at $1.51 on Monday. NevGold has a 12-month low of $0.18 and a 12-month high of $2.30. The stock’s fifty day simple moving average is $1.70 and its 200-day simple moving average is $1.16.

About NevGold

NevGold Corp. engages in the exploration and development of mineral properties in North America. It explores for gold and silver polymetallic deposits. The company owns 100% interests in the Limousine Butte and Cedar Wash projects located in Nevada, the United States; and the Ptarmigan silver-polymetallic project located in Southeast British Columbia, Canada. It also has an option to acquire a 100% interest in the Nutmeg Mountain Gold Project located in Idaho. The company is headquartered in Vancouver, Canada.