B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 10,291,765 shares, a drop of 38.5% from the October 31st total of 16,734,144 shares. Based on an average daily trading volume, of 2,937,580 shares, the short-interest ratio is currently 3.5 days. Currently, 1.1% of the shares of the company are sold short.
Shares of B2Gold (NYSEAMERICAN:BTG) traded up $0.06 during trading on Wednesday, hitting $2.61. 4,375,879 shares of the stock traded hands, compared to its average volume of 4,491,897. B2Gold has a fifty-two week low of $2.02 and a fifty-two week high of $3.55.
Several institutional investors have recently modified their holdings of BTG. BlueCrest Capital Management Ltd purchased a new position in B2Gold during the 2nd quarter worth $112,000. Alliancebernstein L.P. purchased a new position in shares of B2Gold in the 2nd quarter valued at about $124,000. World Asset Management Inc purchased a new position in shares of B2Gold in the 2nd quarter valued at about $155,000. Virtu Financial LLC increased its holdings in shares of B2Gold by 201.6% in the 3rd quarter. Virtu Financial LLC now owns 129,105 shares of the basic materials company’s stock valued at $177,000 after purchasing an additional 86,302 shares in the last quarter. Finally, ARP Americas LLC increased its holdings in shares of B2Gold by 63.7% in the 3rd quarter. ARP Americas LLC now owns 69,666 shares of the basic materials company’s stock valued at $192,000 after purchasing an additional 27,100 shares in the last quarter.
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B2Gold Company Profile
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