What’s in BLACKHAM RESOURCES LTD. ORDINARY SHARES (OTCMKTS:BKHRF) After Rise in Shorted Shares?

Blackham Resources Limited (OTCMKTS:BKHRF) Logo

The stock of BLACKHAM RESOURCES LTD. ORDINARY SHARES (OTCMKTS:BKHRF) registered an increase of 126.74% in short interest. BKHRF’s total short interest was 587,700 shares in August as published by FINRA. Its up 126.74% from 259,200 shares, reported previously. With 411,300 shares average volume, it will take short sellers 1 days to cover their BKHRF’s short positions.

The stock increased 10.00% or $0.001 during the last trading session, reaching $0.011. About 52,721 shares traded. Blackham Resources Limited (OTCMKTS:BKHRF) has 0.00% since August 14, 2018 and is . It has by 0.00% the S&P500.

Blackham Resources Limited explores for and develops mineral properties in Australia. The company has market cap of $18.20 million. It holds interest in the Matilda Gold project and wet commissioning the Wiluna Gold Plant located in Australia. It currently has negative earnings.

Another recent and important Blackham Resources Limited (OTCMKTS:BKHRF) news was published by Seekingalpha.com which published an article titled: “Blackham Resources: Washed-Out And Deeply Undervalued – Seeking Alpha” on June 06, 2017.

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