What’s Propelling CARDERO RESOURCE CORPORATION ORDINARY SH (OTCMKTS:CDYCF) After Higher Shorts Reported?

June 26, 2018 - By Migdalia James

The stock of CARDERO RESOURCE CORPORATION ORDINARY SH (OTCMKTS:CDYCF) registered an increase of 100% in short interest. CDYCF’s total short interest was 1,800 shares in June as published by FINRA. Its up 100% from 900 shares, reported previously. With 11,500 shares average volume, it will take short sellers 0 days to cover their CDYCF’s short positions. The short interest to CARDERO RESOURCE CORPORATION ORDINARY SH’s float is 0.01%.

The stock decreased 1.00% or $0.001 during the last trading session, reaching $0.0989. About shares traded. Cardero Resource Corp. (OTCMKTS:CDYCF) has 0.00% since June 26, 2017 and is . It has underperformed by 12.57% the S&P500.

Cardero Resource Corp., an exploration stage company, acquires, explores, and develops mineral properties primarily in Canada, Argentina, and the United States. The company has market cap of $6.28 million. The firm primarily explores for copper, gold, and silver deposits. It has a 8.99 P/E ratio. The Company’s principal property is the Zonia copper oxide deposit located in Arizona, the United States.

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