Pretium Resources (PVG) : 7 days before expiry, shorts in Pretium Resources (PVG) have reduced from 6,006,737 on Jul 29, 2016, to 5,713,685 on August 15, 2016. On an average, 841,869 shares are traded on the exchange. The outstanding bearish positions are equal to 3.8% of the float. Short sellers have covered -293,052 shares, a reduction of -4.9%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
Pretium Resources (NYSE:PVG): The stock opened at $10.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $10.46 for the day. The stock traded down to $9.56 during the day, due to lack of any buying support eventually closed down at $9.69 with a loss of -8.67% for the day. The stock had closed at $10.61 on the previous day. The total traded volume was 2,248,768 shares.
Pretium Resources Inc. is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. The Companys wholly owned projects include Brucejack Project and the Snowfield Project. The Companys only material mineral project for the purposes of NI 43-101 is the Brucejack Project. The Companys Brucejack Project is an advanced-stage exploration project located in north-western British Columbia and consists of 11 mineral claims totaling 3,199.28 hectares in area. The Companys Snowfield Project borders the Brucejack Project to the north and consists of one mineral claim with an area of approximately 1,267.43 hectares. The Company has two wholly owned subsidiaries, Pretium Exploration Inc. and 0890696 B.C. Ltd, which hold the Companys interests in the Brucejack Project and the assets related thereto.