Hycroft Mining Holding Co. (NASDAQ:HYMCW – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 271,000 shares, a growth of 5.3% from the August 31st total of 257,400 shares. Based on an average trading volume of 82,700 shares, the days-to-cover ratio is presently 3.3 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Hycroft Mining stock. Ionic Capital Management LLC bought a new stake in Hycroft Mining Holding Co. (NASDAQ:HYMCW – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,500,000 shares of the company’s stock, valued at approximately $54,000.
Hycroft Mining Stock Performance
NASDAQ:HYMCW opened at $0.02 on Friday. Hycroft Mining has a one year low of $0.01 and a one year high of $0.16. The company has a fifty day moving average price of $0.02 and a 200 day moving average price of $0.03.
Hycroft Mining Company Profile
Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that consists of 30 private parcels with patented claims comprising approximately 1,787 acres, and 3,247 unpatented mining claims that encompass approximately 62,298 acres located in the state of Nevada.
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