What Next for ATAC RESOURCES LTD ORDINARY SHARES (OTCMKTS:ATADF) Stock After Decrease in Shorted Shares?

October 2, 2018 - By Hazel Jackson

The stock of ATAC RESOURCES LTD ORDINARY SHARES (OTCMKTS:ATADF) registered a decrease of 8.7% in short interest. ATADF’s total short interest was 6,300 shares in October as published by FINRA. Its down 8.7% from 6,900 shares, reported previously. With 83,600 shares average volume, it will take short sellers 0 days to cover their ATADF’s short positions.

The stock increased 1.17% or $0.004 during the last trading session, reaching $0.345. About 11,500 shares traded. ATAC Resources Ltd. (OTCMKTS:ATADF) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

ATAC Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company has market cap of $49.52 million. The firm primarily explores for gold, as well as for silver, lead, and zinc deposits. It currently has negative earnings. The Company’s flagship property is the Rackla gold project, which consist of 8,723 mineral claims with an area of approximately 1,700 square kilometers located in the Mayo Mining District of central Yukon.

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