Will B2gold Corporation Common Sha (NYSEMKT:BTG) Run Out of Steam Soon? Short Interest is Up

September 17, 2017 - By Peter Erickson

 Will B2gold Corporation Common Sha (NYSEMKT:BTG) Run Out of Steam Soon? Short Interest is Up

The stock of B2gold Corporation Common Sha (NYSEMKT:BTG) registered an increase of 20.36% in short interest. BTG’s total short interest was 11.13M shares in September as published by FINRA. Its up 20.36% from 9.25M shares, reported previously. With 2.27M shares average volume, it will take short sellers 5 days to cover their BTG’s short positions. The short interest to B2gold Corporation Common Sha’s float is 1.17%.

The stock increased 0.74% or $0.02 on September 15, reaching $2.71. About 8.06 million shares traded or 189.93% up from the average. B2Gold Corp (NYSEMKT:BTG) has risen 23.27% since September 17, 2016 and is uptrending. It has outperformed by 6.57% the S&P500.

B2Gold Corp. is a Canada-based gold producer with approximately four operating mines and one mine under construction. The company has market cap of $2.65 billion. The Firm has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. It has a 45.17 P/E ratio.

Another recent and important B2Gold Corp (NYSEMKT:BTG) news was published by Seekingalpha.com which published an article titled: “B2Gold: What To Do Now” on August 20, 2017.

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