Ascendant Resources Inc. (OTCMKTS:ASDRF) Short Interest Down 95.0% in June

Ascendant Resources Inc. (OTCMKTS:ASDRF) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 1,500 shares, a drop of 95.0% from the May 31st total of 29,900 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 0.4 days.

Ascendant Resources Stock Performance

OTCMKTS ASDRF remained flat at $0.03 during trading on Thursday. The stock has a fifty day moving average of $0.04 and a two-hundred day moving average of $0.05. Ascendant Resources has a 1 year low of $0.03 and a 1 year high of $0.14.

About Ascendant Resources

Ascendant Resources Inc explores and develops mineral properties in Portugal. The company explores for silver, gold, zinc, copper, lead, and tin. It holds 80% interest in the Lagoa Salgada volcanogenic massive sulphide project, which covers an area of 10,700 hectares located on the Iberian Pyrite Belt in Portugal.