KLONDEX MINES LTD. T.KDX

KLDX Short Position Keeps Going Higher...

[Highwave]

In the news today:

Klondex Mines Ltd (NYSEAMERICAN:KLDX) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 17,984,258 shares, an increase of 7.4% from the November 15th total of 16,748,034 shares. Approximately 10.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,114,014 shares, the days-to-cover ratio is currently 16.1 days.

[goldminer01]

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[JintsuGehan]

We are down just a penny now on the US ticker to $ 2.48. People were buying up the cheap shares at $ 2.39 - $ 2.41...the past few days this stock has stabilized immensely. There are now 7 more days including today for tax loss selling. Jobs report is out and rate hike is done. This is setting up strongly for a rebound. The last piece of the pie is to have a strong quarter and hit guidance. If they

[goldminer01]

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[JRaffles]

Most significantly, once KLDX dropped under $3 it was no longer marginable.   That helped crater it further toward the low $2s as PoG fell. Does this mean that buyers on margin were required to sell ...... is the <$3 a stock exchange margin rule, or alternatively, is it an investors SP level at which margin trades are risky?

[goldminer01]

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