Saint Jean Carbon Inc. (OTCMKTS:TORVF) Sees Significant Increase in Short Interest

Saint Jean Carbon Inc. (OTCMKTS:TORVF) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 40,400 shares, a growth of 218.1% from the August 15th total of 12,700 shares. Based on an average daily volume of 49,200 shares, the short-interest ratio is currently 0.8 days.

TORVF remained flat at $$0.14 during trading on Wednesday. The company had a trading volume of 20,007 shares, compared to its average volume of 70,682. The stock has a 50 day simple moving average of $0.13 and a 200 day simple moving average of $0.11. Saint Jean Carbon has a twelve month low of $0.01 and a twelve month high of $0.19.

About Saint Jean Carbon

Saint Jean Carbon, Inc engages in the acquisition and exploration of mineral properties. It operates through the Mineral Exploration and Development, and Research and Development segments. The Mineral Exploration and Development segment focuses on property interests with potential sites of economic mineralization.

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