Bluestone Resources Inc. (OTCMKTS:BBSRF) Short Interest Down 22.3% in April

Bluestone Resources Inc. (OTCMKTS:BBSRF) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 33,800 shares, a drop of 22.3% from the March 31st total of 43,500 shares. Based on an average daily trading volume, of 70,200 shares, the days-to-cover ratio is currently 0.5 days.

Bluestone Resources Stock Performance

Shares of Bluestone Resources stock traded up $0.01 on Friday, hitting $0.41. 1,119 shares of the company traded hands, compared to its average volume of 30,807. The firm’s 50-day simple moving average is $0.34 and its 200 day simple moving average is $0.25. Bluestone Resources has a 12-month low of $0.13 and a 12-month high of $0.50.

Bluestone Resources Company Profile

Bluestone Resources Inc engages in the exploration and development of precious metals. Its flagship asset is the Cerro Blanco gold project located in Southern Guatemala in the department of Jutiapa. The company was formerly known as Indicator Minerals Inc and changed its name to Bluestone Resources Inc in January 2012.