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Hycroft Mining's short interest fell 14.6% in January, suggesting growing market confidence in the company.
Hycroft Mining Holding Co. saw a 14.6% drop in short interest in January, from 296,000 to 252,900 shares, with a days-to-cover ratio of 3.6 days.
The stock price remained at $0.01 with a trading volume of 17,114 shares.
Hycroft Mining, which operates a gold and silver mine in Nevada, has seen a decline in short interest despite a low stock price, hinting at potential market confidence in the company.
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El corto interés de Hycroft Mining cayó un 14,6% en enero, lo que sugiere una creciente confianza del mercado en la empresa.