The stock of Asanko Gold Incorporated (NYSEMKT:AKG) registered an increase of 8.39% in short interest. AKG’s total short interest was 2.89M shares in September as published by FINRA. Its up 8.39% from 2.67M shares, reported previously. With 564,200 shares average volume, it will take short sellers 5 days to cover their AKG’s short positions. The short interest to Asanko Gold Incorporated’s float is 1.63%. About 327,913 shares traded hands. Asanko Gold Inc (NYSEMKT:AKG) has risen 147.73% since February 8, 2016 and is uptrending. It has outperformed by 131.24% the S&P500.
Asanko Gold Inc. is an exploration and development-stage company. The company has a market cap of $865.42 million. The Firm is focused on advancing its principal project, the Asanko Gold Mine, to commercial production. It currently has negative earnings. The Company’s segment is the exploration and development of resource properties.
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