What’s Next for ABACUS MINING & EXPLORATION CORPORATION (OTCMKTS:ABCFF) After Having More Shares Shorted?

December 20, 2017 - By Darrin Black

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 December 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 increased 12.13% or $0.0194 during the last trading session, reaching $0.1794. About shares traded. Abacus Mining & Exploration Corporation (OTCMKTS:ABCFF) has 0.00% since December 20, 2016 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 $7.03 million. It holds a 20% interest in the Ajax copper-gold project located near Kamloops, British Columbia. It currently has negative earnings.

Another recent and important Abacus Mining & Exploration Corporation (OTCMKTS:ABCFF) news was published by Nytimes.com which published an article titled: “Should the Middle Class Invest in Risky Tech Start-Ups?” on September 27, 2017.

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