Shorts Action: What’s in SUNERGY INCORPORATED (OTCMKTS:SNEY) After Decline in Shorted Shares?

November 16, 2016 - By Dolores Ford   ·   0 Comments

Shorts Action: What’s in SUNERGY INCORPORATED (OTCMKTS:SNEY) After Decline in Shorted Shares?

The stock of SUNERGY INCORPORATED (OTCMKTS:SNEY) registered a decrease of 22.94% in short interest. SNEY’s total short interest was 16,800 shares in November as published by FINRA. Its down 22.94% from 21,800 shares, reported previously. The stock last traded at $0.0005 per share. It is down 28.57% since April 19, 2016 and is downtrending. It has underperformed by 33.26% the S&P500.

Sunergy, Inc. is an exploration-stage mineral and mining company. The company has a market cap of $1.74 million. The Firm is engaged in the evaluation, acquisition, exploration, planned operation and advancement to production of alluvial diamond and gold recovery projects in Sierra Leone and Liberia West Africa. It currently has negative earnings. The Firm has mineral properties located in the Republic of Ghana.

SNEY Company Profile

Sunergy, Inc., incorporated on January 28, 2003, is an exploration-stage mineral and mining company. The Firm is engaged in the evaluation, acquisition, exploration, planned operation and advancement to production of alluvial diamond and gold recovery projects in Sierra Leone and Liberia West Africa. The Firm has mineral properties located in the Republic of Ghana. The Company’s subsidiaries include Allied Mining and Supply, LLC, Mikite Gold Resources Limited and Sunergy Liberia LTD.

More notable recent Sunergy Inc (OTCMKTS:SNEY) news were published by: Marketwired.com which released: “Sunergy Initiates Small Scale Solar Power Project in Liberia by Seeking …” on November 17, 2015, also Marketwired.com with their article: “Sunergy Update: New Partnership Agreement With UK Group to Increase Diamond …” published on September 27, 2016, Marketwired.com published: “Sunergy’s Liberian Diamond and Gold Mining Operations Total 20 Licenses to …” on April 16, 2014. More interesting news about Sunergy Inc (OTCMKTS:SNEY) were released by: Marketwired.com and their article: “Sunergy Expands Gold and Diamond Mining Operations in the Famous Kenema …” published on May 27, 2014 as well as Prnewswire.com‘s news article titled: “China Sunergy Opens US Headquarters in San Francisco” with publication date: July 14, 2011.

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By Dolores Ford


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