Sonoro Gold Corp. (OTCMKTS:SMOFF) Shares Shorted: Short Interest Up 1,075.2% in October

Sonoro Gold Corp. (OTCMKTS:SMOFF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 11,752 shares, an increase of 1,075.2% from the September 30th total of 1,000 shares. Based on an average trading volume of 411,276 shares, the short-interest ratio is currently 0.0 days.

Sonoro Gold Price Performance

Shares of Sonoro Gold stock traded up $0.00 during mid-day trading on Wednesday, hitting $0.12. 1,715 shares of the stock were exchanged, compared to its average volume of 188,105. The company has a 50-day simple moving average of $0.14 and a 200 day simple moving average of $0.17. Sonoro Gold has a twelve month low of $0.11 and a twelve month high of $0.25.

Sonoro Gold Corp. is a Canadian mineral exploration and development company focused on gold properties in Mexico. Its primary asset is the Cerro Caliche Gold Project in Sonora, a region with established mining infrastructure and a history of precious-metals production.

The Cerro Caliche project comprises a large group of mineralized zones containing epithermal gold deposits. Sonoro Gold’s activities include geological mapping, exploration drilling, resource evaluation, permitting and studies related to the potential development of a low-cost, open-pit mining operation.