Global Helium Corp. (OTCMKTS:HECOF) Sees Large Drop in Short Interest

Global Helium Corp. (OTCMKTS:HECOF – Get Rating) saw a large decline in short interest in May. As of May 15th, there was short interest totalling 1,600 shares, a decline of 89.9% from the April 30th total of 15,900 shares. Based on an average trading volume of 165,100 shares, the days-to-cover ratio is presently 0.0 days.

Shares of HECOF traded up $0.01 during mid-day trading on Wednesday, hitting $0.36. 96,752 shares of the company’s stock were exchanged, compared to its average volume of 183,305. The stock’s 50-day moving average is $0.51 and its 200-day moving average is $0.96. Global Helium has a fifty-two week low of $0.00 and a fifty-two week high of $2.50.

About Global Helium (Get Rating)

Global Helium Corp. engages in the exploration, acquisition, development, and production of helium in North America and internationally. Its flagship project comprises three helium exploration permits covering an area of 85,000 hectares located in the helium fairway in southern Saskatchewan. The company was formerly known as First Helium Corp.

Recommended Stories

• Get a free copy of the StockNews.com research report on Global Helium (HECOF)
• Short-Covering Begins In Big Lots 
• Institutions Ring The Register On Toll Brothers Stock
• Agilent Technologies Is Bottoming But Don’t Buy It Yet
• Dick’s Sporting Goods Falls Flat On Weak Guidance 
• Indie Semiconductor Stock is Putting in a Bottom

Want More Great Investing Ideas?