Alio Gold Inchares (canada) (NYSEAMERICAN:ALO) Just Reported Increased Shorts

June 17, 2018 - By Marie Mckinney

The stock of Alio Gold Inchares (canada) (NYSEAMERICAN:ALO) registered an increase of 20.45% in short interest. ALO’s total short interest was 466,500 shares in June as published by FINRA. Its up 20.45% from 387,300 shares, reported previously. With 112,700 shares average volume, it will take short sellers 4 days to cover their ALO’s short positions. The short interest to Alio Gold Inchares (canada)’s float is 1.11%.

The stock decreased 2.80% or $0.04 during the last trading session, reaching $1.39. About 273,267 shares traded or 11.75% up from the average. Alio Gold Inc. (NYSEAMERICAN:ALO) has declined 64.40% since June 17, 2017 and is downtrending. It has underperformed by 76.97% the S&P500.

Alio Gold Inc., through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico. The company has market cap of $116.34 million. It primarily explores for gold deposits. It has a 6.53 P/E ratio. The firm holds a 100 % interest in the Ana Paula Property in Guerrero, Mexico.

Another recent and important Alio Gold Inc. (NYSEAMERICAN:ALO) news was published by Equitiesfocus.com which published an article titled: “Alio Gold (ALO) Stake Boosted by GWM Advisors LLC” on June 04, 2018.

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