Rio2 Limited (OTCMKTS:RIOFF) Short Interest Update

Rio2 Limited (OTCMKTS:RIOFF) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 27,200 shares, a decrease of 41.4% from the November 30th total of 46,400 shares. Based on an average daily trading volume, of 297,900 shares, the days-to-cover ratio is presently 0.1 days.

Rio2 Stock Performance

Shares of RIOFF stock opened at C$0.43 on Friday. Rio2 has a 52 week low of C$0.22 and a 52 week high of C$0.58. The stock’s fifty day moving average is C$0.47 and its 200-day moving average is C$0.43.

Rio2 Company Profile

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.