Almaden Minerals Ltd. (NYSEAMERICAN:AAU) Sees Significant Increase in Short Interest

Almaden Minerals Ltd. (NYSEAMERICAN:AAU) (TSE:AMM) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,133,243 shares, a growth of 4.9% from the October 31st total of 2,034,360 shares. Based on an average daily trading volume, of 334,826 shares, the short-interest ratio is presently 6.4 days. Approximately 2.2% of the company’s shares are short sold.

Almaden Minerals (NYSEAMERICAN:AAU) traded down $0.02 during midday trading on Wednesday, reaching $0.83. 298,122 shares of the company traded hands, compared to its average volume of 269,851. Almaden Minerals has a 52-week low of $0.75 and a 52-week high of $1.75.

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Almaden Minerals Company Profile

Almaden Minerals Ltd. is exploration- and development-stage company and is engaged in the exploration and development of exploration and evaluation properties in Canada, the United States and Mexico. The Company is engaged in the business of the acquisition of mineral properties. Its principal property interest includes the Tuligtic Property/Project-Mexico.

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