Short Interest in Rio2 Limited (OTCMKTS:RIOFF) Expands By 18.2%

Rio2 Limited (OTCMKTS:RIOFF) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 37,600 shares, a growth of 18.2% from the December 31st total of 31,800 shares. Based on an average daily trading volume, of 271,500 shares, the short-interest ratio is currently 0.1 days.

Rio2 Stock Performance

Shares of OTCMKTS RIOFF opened at C$0.47 on Monday. Rio2 has a one year low of C$0.22 and a one year high of C$0.58. The business has a 50-day moving average price of C$0.44 and a two-hundred day moving average price of C$0.45.

Rio2 Company Profile

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.