Short interest in Contango Ore Inc (AMEX:CTGO) increased during the last reporting period, rising from 669.09K to 722.64K. This put 6.86% of the company's publicly available shares short.
Short interest for Contango Ore gives investors a sense of the degree to which investors are betting on the decline of Contango Ore's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 73.89K shares traded per day, it would take 9.78 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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