What’s Propelling KAIROS MINERALS LTD ORDINARY SHARES (OTCMKTS:MPJFF) After Higher Shorts Reported?

Kairos Minerals Limited (OTCMKTS:MPJFF) Logo

The stock of KAIROS MINERALS LTD ORDINARY SHARES (OTCMKTS:MPJFF) registered an increase of 36.7% in short interest. MPJFF’s total short interest was 81,200 shares in March as published by FINRA. Its up 36.7% from 59,400 shares, reported previously. With 152,700 shares average volume, it will take short sellers 1 days to cover their MPJFF’s short positions.

The stock decreased 3.45% or $0.0005 during the last trading session, reaching $0.014. About 45,000 shares traded. Kairos Minerals Limited (OTCMKTS:MPJFF) has 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Kairos Minerals Limited operates as a resource exploration and investment firm in Australia. The company has market cap of $10.12 million. The firm explores for coal, nickel, copper, and gold in Western Australia and Queensland. It currently has negative earnings. The Company’s flagship project is the Roe Hills project with 3 granted exploration licenses, 2 pending exploration licenses, and 5 pending prospecting licenses covering 324km2 located in the Kambalda region in the Eastern Goldfields of Western Australia.

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