ABRAPLATA RESOURCE CORP ORDINARY SHARES (OTCMKTS:ABBRF) Reports Increase in Sellers; Strong Momentum for Short Players

June 16, 2018 - By Darrin Black

The stock of ABRAPLATA RESOURCE CORP ORDINARY SHARES (OTCMKTS:ABBRF) registered an increase of 189.66% in short interest. ABBRF’s total short interest was 8,400 shares in June as published by FINRA. Its up 189.66% from 2,900 shares, reported previously. With 21,200 shares average volume, it will take short sellers 0 days to cover their ABBRF’s short positions.

The stock decreased 11.85% or $0.016 during the last trading session, reaching $0.119. About 10,000 shares traded. AbraPlata Resource Corp. (OTCMKTS:ABBRF) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

AbraPlata Resource Corp., a mineral exploration and development company, engages in the acquisition, exploration, and development of mineral resource properties in Argentina. The company has market cap of $9.70 million. The firm primarily explores for copper, molybdenum, gold, and silver ores. It currently has negative earnings. It holds interests in the Diablillos Property that covers an area of 7,919 hectares located in northwestern Argentina; and the M-18 Property that covers an area of 6,300 hectares in Salta and Chaput Provinces, Argentina.

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