Accelerate Resources Ltd (RHE) Short Interest Up 23.0% in February

Accelerate Resources Ltd (NYSEAMERICAN:RHE) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 412,842 shares, a growth of 23.0% from the February 15th total of 335,649 shares. Based on an average daily volume of 315,351 shares, the short-interest ratio is currently 1.3 days.

Accelerate Resources (NYSEAMERICAN:RHE) opened at $0.26 on Friday. Accelerate Resources has a 52 week low of $0.16 and a 52 week high of $1.10. The company has a market cap of $4.95, a P/E ratio of -0.42 and a beta of 0.88.

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About Accelerate Resources

Accelerate Resources Limited is an Australia-based mineral exploration company. The Company is focused on offering cobalt copper and gold exploration services. The Company’s assets consist of rights over 8 exploration licenses and applications. Its projects include Mt Read Cobalt Tenements and the WA Gold Tenements.

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