A Reversal for ABACUS MINING & EXPLORATION CORPORATION (OTCMKTS:ABCFF) Is Not Near. The Stock Has Rise in Shorts

January 10, 2018 - By Michael Collier

The stock of ABACUS MINING & EXPLORATION CORPORATION (OTCMKTS:ABCFF) registered an increase of 372.92% in short interest. ABCFF’s total short interest was 22,700 shares in January as published by FINRA. Its up 372.92% from 4,800 shares, reported previously. With 281,500 shares average volume, it will take short sellers 0 days to cover their ABCFF’s short positions.

The stock decreased 6.54% or $0.01484 during the last trading session, reaching $0.21196. About shares traded. Abacus Mining & Exploration Corporation (OTCMKTS:ABCFF) has 0.00% since January 10, 2017 and is . It has underperformed by 16.70% the S&P500.

Abacus Mining & Exploration Corporation, an exploration stage company, acquires, explores for, and develops mineral properties in Canada. The company has market cap of $8.43 million. It holds a 20% interest in the Ajax copper-gold project located near Kamloops, British Columbia. It currently has negative earnings.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: