ATEX Resources Inc. (OTCMKTS:ECRTF) Sees Large Increase in Short Interest

ATEX Resources Inc. (OTCMKTS:ECRTF) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 185,800 shares, a growth of 74.5% from the February 28th total of 106,500 shares. Based on an average daily volume of 90,900 shares, the days-to-cover ratio is currently 2.0 days.

ATEX Resources Price Performance

Shares of ATEX Resources stock remained flat at $1.69 during mid-day trading on Friday. 3,646 shares of the company’s stock traded hands, compared to its average volume of 55,622. The stock has a fifty day moving average of $1.54 and a 200-day moving average of $1.35. ATEX Resources has a one year low of $0.84 and a one year high of $1.85.

About ATEX Resources

ATEX Resources Inc engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc in February 2019.