Rio2 Limited (OTCMKTS:RIOFF) Short Interest Update

Rio2 Limited (OTCMKTS:RIOFF) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 57,800 shares, an increase of 236.0% from the February 13th total of 17,200 shares. Based on an average daily volume of 343,600 shares, the short-interest ratio is currently 0.2 days.

Rio2 Stock Performance

Shares of RIOFF stock traded down C$0.01 on Friday, reaching C$0.54. 136,430 shares of the stock were exchanged, compared to its average volume of 169,796. The business’s 50 day moving average price is C$0.49 and its 200 day moving average price is C$0.47. Rio2 has a twelve month low of C$0.27 and a twelve month high of C$0.58.

Rio2 Company Profile

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.