Is Buying TIMBERLINE RESOURCES CORP (OTCMKTS:TLRS), Having Lower Short Interest a Winning Strategy?

October 13, 2018 - By Ash

The stock of TIMBERLINE RESOURCES CORP (OTCMKTS:TLRS) registered a decrease of 71.62% in short interest. TLRS’s total short interest was 10,500 shares in October as published by FINRA. Its down 71.62% from 37,000 shares, reported previously. With 83,600 shares average volume, it will take short sellers 0 days to cover their TLRS’s short positions.

It closed at $0.075 lastly. It is down 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Timberline Resources Corporation engages in the exploration and development of mineral properties in the United States. The company has market cap of $4.02 million. The firm primarily explores for gold and silver deposits. It currently has negative earnings. It holds interests in the Eureka property covering an area of approximately 16,000 acres located in the southern part of the Eureka mining district of Eureka county, Nevada.

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