What’s Ahead for CAMEO COBALT CORP ORDINARY SHARES (OTCMKTS:CRUUF) After More Shorted Shares?

The stock of CAMEO COBALT CORP ORDINARY SHARES (OTCMKTS:CRUUF) registered an increase of 500% in short interest. CRUUF’s total short interest was 6,000 shares in December as published by FINRA. Its up 500% from 1,000 shares, reported previously. With 96,100 shares average volume, it will take short sellers 0 days to cover their CRUUF’s short positions.

The stock increased 7.09% or $0.0038 during the last trading session, reaching $0.0571. About shares traded. Cameo Cobalt Corp. (OTCMKTS:CRUUF) has 0.00% since December 7, 2017 and is . It has underperformed by 15.62% the S&P500.

Cameo Cobalt Corp. engages in the exploration of mineral properties. The company has market cap of $4.07 million. It holds an 80% interest in the MEG gold property located in the Morogoro Rural District of Tanzania. It currently has negative earnings. The firm also has an agreement to acquire a 100% interest in the Gochager Lake Nickel-Copper-Cobalt project, which consists of four claims covering an area of approximately 3,759 hectares located in northern Saskatchewan, La Ronge town.

Another recent and important Cameo Cobalt Corp. (OTCMKTS:CRUUF) news was published by Seekingalpha.com which published an article titled: “Puma: A Struggling Sports Brand Of Underestimated Value – Seeking Alpha” on January 21, 2015.

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