International Tower Hill Mines Ltd (NYSEAMERICAN:THM) Short Interest Up 4.4% in August

International Tower Hill Mines Ltd (NYSEAMERICAN:THM) (TSE:ITH) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 713,946 shares, a growth of 4.4% from the August 15th total of 683,920 shares. Based on an average trading volume of 76,315 shares, the days-to-cover ratio is presently 9.4 days.

Shares of THM stock traded up $0.10 on Friday, hitting $0.53. 405,577 shares of the stock were exchanged, compared to its average volume of 241,105. International Tower Hill Mines has a one year low of $0.29 and a one year high of $0.78.

International Tower Hill Mines (NYSEAMERICAN:THM) (TSE:ITH) last issued its earnings results on Friday, August 10th. The mining company reported ($0.01) EPS for the quarter.

An institutional investor recently bought a new position in International Tower Hill Mines stock. Russell Investments Group Ltd. bought a new position in International Tower Hill Mines Ltd (NYSEAMERICAN:THM) (TSE:ITH) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,130,443 shares of the mining company’s stock, valued at approximately $571,000. Russell Investments Group Ltd. owned 0.61% of International Tower Hill Mines as of its most recent SEC filing.

International Tower Hill Mines Company Profile

International Tower Hill Mines Ltd., a mineral exploration company, acquires and explores for mineral properties Canada and the United States. It holds or has rights to acquire ownership or leasehold interests in the Livengood gold project covering an area of approximately 19,546 hectares located to the northwest of Fairbanks, Alaska.

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