Altius Minerals Co. (OTCMKTS:ATUSF) is seeing a significant increase in short interest

Altius Minerals Co. (OTCMKTS:ATUSF – Get Free Report ) was the beneficiary of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 500,300 shares, an increase of 9.6% from the August 31st total of 456,400 shares. Based on an average daily volume of 21,900 shares, the days-to-cover ratio is currently 22.8 days.

Altius Minerals stock performance

Shares of OTCMKTS ATUSF traded down $0.44 during midday trading on Friday, reaching $19.61. The stock had a trading volume of 9,027 shares compared to its average volume of 16,618. Altius Minerals has a 1 year low of $11.89 and a 1 year high of $20.20. The company has a fifty day moving average price of $17.25 and a 200 day moving average price of $16.18.

Altius Minerals cuts dividend

The business also recently declared a dividend, which was paid on Monday, September 16th. Investors of record on Monday, September 2nd were issued a $0.0656 dividend. This represents a dividend yield of 1.55%. The ex-dividend date of this dividend was Friday, August 30.

About Altius Minerals

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Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States and Brazil. The company owns royalties and streaming interests in 11 operating mines covering copper, zinc, nickel, cobalt, potash, iron ore, precious metals and thermal and metallurgical coal.

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