OceanaGold Co. (OTCMKTS:OCANF) Sees Significant Decline in Short Interest

OceanaGold Co. (OTCMKTS:OCANFGet Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,392,700 shares, a decline of 21.1% from the August 15th total of 3,033,500 shares. Based on an average trading volume of 170,500 shares, the days-to-cover ratio is presently 14.0 days.

OceanaGold Trading Up 0.7 %

OTCMKTS:OCANF opened at $2.80 on Monday. OceanaGold has a one year low of $1.53 and a one year high of $2.85. The business’s 50-day simple moving average is $2.57 and its 200 day simple moving average is $2.36.

OceanaGold Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, August 29th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, August 29th.

OceanaGold Company Profile

(Get Free Report)

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.

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