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.

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