Bullboard - Stock Discussion Forum Aris Mining Corp. T.ARIS.WT.A

Primary Symbol: T.ARIS Alternate Symbol(s): CLGDF | N.AMNG.NT.U | ARMN

Metals & Mining Gold

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations... see more

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TSX:ARIS - Post Discussion

Aris Mining Corp. > Aris Shorts Digging in their Heels

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Post by tobinator01 on Mar 26, 2024 2:50pm

Aris Shorts Digging in their Heels

I decided today to check out the short interest for Aris in Canada and the US. Short volume is the highest in a year in Canada. The US ticker ARMN is new but it shows a robust level of 700,000 shares short. Between the two exchanges, the short interest is around 3 million shares. That may not sound like much but when you put it into daily trading volume persepective, that is 10 days of trading.

Yesterday I mentioned the stock needing a spark to get through $4.70 resistance. With the relative high level of short interest, a spark should cause a decent sized squeeze. The additional problem for shorts is surpassing 4.70 is a new 52 week high. Trading platforms focus in and buy into 52 week highs. Could get interesting. Come on Old Yeller, best $2200 so we can disgorge fat Aris Mining shorts of their profits over the past few years.

Aris Mining Short Data

US Symbol ARMN Short Data

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