B2gold Corporation Common Sha (NYSEMKT:BTG) Sellers Covered 15.43% of Their Shorts

The stock of B2gold Corporation Common Sha (NYSEMKT:BTG) registered a decrease of 15.43% in short interest. BTG’s total short interest was 13.89 million shares in April as published by FINRA. Its down 15.43% from 16.43 million shares, reported previously. With 5.50M shares average volume, it will take short sellers 3 days to cover their BTG’s short positions. The short interest to B2gold Corporation Common Sha’s float is 1.56%. The stock increased 3.45% or $0.06 on April 15, hitting $1.8. About 1.60 million shares traded hands. B2Gold Corp (NYSEMKT:BTG) has risen 41.46% since September 9, 2015 and is uptrending. It has outperformed by 34.22% the S&P500.

B2Gold Corp. is a gold producer with three operating mines (two in Nicaragua and one in the Philippines), a fourth mine which entered into the commissioning and testing phase in Namibia and a portfolio of development and exploration assets in Mali, Colombia, Burkina Faso and Nicaragua. The company has a market cap of $1.61 billion. The Firm operates the Libertad Mine and the Limon Mine in Nicaragua, the Masbate Mine in the Philippines and the Otjikoto Mine in Namibia. It currently has negative earnings. The Firm has an effective 81% interest in the Kiaka gold project in Burkina Faso, a 49% interest in the Gramalote property in Colombia, and an interest in the Quebradona property in Colombia.

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