Is Buying ARIAN SILVER CORPORATION ORDINARY SHARES (OTCMKTS:ASLRF), Having Lower Short Interest a Winning Strategy?

June 18, 2018 - By Michael Collier

Arian Silver Corporation (OTCMKTS:ASLRF) Logo

The stock of ARIAN SILVER CORPORATION ORDINARY SHARES (OTCMKTS:ASLRF) registered a decrease of 71.03% in short interest. ASLRF’s total short interest was 47,600 shares in June as published by FINRA. Its down 71.03% from 164,300 shares, reported previously. With 5,500 shares average volume, it will take short sellers 9 days to cover their ASLRF’s short positions. The short interest to ARIAN SILVER CORPORATION ORDINARY SHARES’s float is 0.02%.

It closed at $0.0037 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Arian Silver Corporation, together with its subsidiaries, engages in the acquisition and development of mineral resource assets in Mexico. The company has market cap of $2.83 million. The firm primarily explores for lithium and silver deposits. It currently has negative earnings. The Company’s principal projects include the San Celso project covering an area of 88 hectares located in the mining district of Pánfilo Natera-Ojocaliente; and Los Campos project comprising 4 concessions covering an area of approximately 500 hectares located in the city of Zacatecas.

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