Shorts Action: B2gold Corporation Common Sha (NYSEMKT:BTG) Could Burn Your Long Portfolio After More Shorts

November 28, 2016 - By Nellie Frank   ·   0 Comments

Shorts Action: B2gold Corporation Common Sha (NYSEMKT:BTG) Could Burn Your Long Portfolio After More Shorts

The stock of B2gold Corporation Common Sha (NYSEMKT:BTG) registered an increase of 12.11% in short interest. BTG’s total short interest was 8.54M shares in November as published by FINRA. Its up 12.11% from 7.62M shares, reported previously. With 3.78 million shares average volume, it will take short sellers 2 days to cover their BTG’s short positions. The short interest to B2gold Corporation Common Sha’s float is 0.93%. About 537,253 shares traded hands. B2Gold Corp (NYSEMKT:BTG) has risen 20.31% since April 25, 2016 and is uptrending. It has outperformed by 14.30% the S&P500.

B2Gold Corp. is a Canada-based gold producer with approximately four operating mines and one mine under construction. The company has a market cap of $2.21 billion. The Firm has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. It currently has negative earnings.

Another recent and important B2Gold Corp (NYSEMKT:BTG) news was published by Seekingalpha.com which published an article titled: “How Low Can B2Gold Go” on November 25, 2016.

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By Nellie Frank


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