What’s in ARCTIC STAR EXPLORATION CORPORATION ORD (OTCMKTS:ASDZF) After Rise in Shorted Shares?

January 12, 2018 - By Ellis Scott

The stock of ARCTIC STAR EXPLORATION CORPORATION ORD (OTCMKTS:ASDZF) registered an increase of 3220% in short interest. ASDZF’s total short interest was 16,600 shares in January as published by FINRA. Its up 3220% from 500 shares, reported previously. With 32,500 shares average volume, it will take short sellers 1 days to cover their ASDZF’s short positions.

The stock decreased 13.21% or $0.0167 during the last trading session, reaching $0.1097. About shares traded. Arctic Star Exploration Corp. (OTCMKTS:ASDZF) has 0.00% since January 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Arctic Star Exploration Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company has market cap of $10.17 million. The firm primarily explores for diamond and niobium/rare earth deposits. It currently has negative earnings. It holds interests in the Stein Diamond property comprising 4 contiguous prospecting permits covering an area of approximately 105,637 hectares located in the Boothia Peninsula, Nunavut.

More recent Arctic Star Exploration Corp. (OTCMKTS:ASDZF) news were published by: Juniorminingnetwork.com which released: “Arctic Star Exploration Appoints Scott Eldridge as President and CEO; Jared …” on November 21, 2017. Also Juniorminingnetwork.com published the news titled: “Arctic Star Exploration Acquires 100% Interest in New Kimberlite Field, Finland” on July 12, 2017. Juniorminingnetwork.com‘s news article titled: “Arctic Star Exploration Closes Acquisition of Timantti Kimberlite Project” with publication date: November 16, 2017 was also an interesting one.

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