B2gold Corporation Common Sha (NYSEMKT:BTG) Shorted Shares Increased By 2.5%

The stock of B2gold Corporation Common Sha (NYSEMKT:BTG) registered an increase of 2.5% in short interest. BTG’s total short interest was 16.43 million shares in March as published by FINRA. Its up 2.5% from 16.03M shares, reported previously. With 3.28M shares average volume, it will take short sellers 5 days to cover their BTG’s short positions. The short interest to B2gold Corporation Common Sha’s float is 1.85%. The stock is 0.31% or $0 after the news, hitting $1.6 per share. It is down 22.31% since August 19, 2015 and is uptrending. It has outperformed by 24.41% 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 $1.47 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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