Short Interest in Aldebaran Resources Inc. (OTCMKTS:ADBRF) Grows By 44.2%

Aldebaran Resources Inc. (OTCMKTS:ADBRF) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 7,500 shares, a growth of 44.2% from the October 15th total of 5,200 shares. Based on an average daily volume of 85,200 shares, the days-to-cover ratio is currently 0.1 days.

Aldebaran Resources Price Performance

OTCMKTS ADBRF opened at $1.32 on Friday. The company’s 50 day moving average is $0.92 and its 200-day moving average is $0.79. Aldebaran Resources has a 12-month low of $0.40 and a 12-month high of $1.42.

Aldebaran Resources Company Profile

Aldebaran Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Argentina. It holds 100% interests in the Rio Grande copper-gold project located in Salta Province, Argentina; the Aguas Calientes, El Camino, Catua, Oscuro, and La Frontera properties in Argentina; and 60% interest in the Altar copper-gold project consisting of nine mining concessions and nine servidumbres located in San Juan Province, Argentina.