Today Fortuna Silver Mines Inc Ordinary Shares (canada (NYSE:FSM) Reported Increase in Shorted Shares

Fortuna Silver Mines Inc. (NYSE:FSM) Logo

Investors sentiment increased to 1.2 in Q2 2018. Its up 0.15, from 1.05 in 2018Q1. It is positive, as 12 investors sold Fortuna Silver Mines Inc. shares while 28 reduced holdings. 20 funds opened positions while 28 raised stakes. 64.30 million shares or 2.28% more from 62.86 million shares in 2018Q1 were reported.
Wells Fargo & Mn accumulated 0% or 583 shares. Private Advisor Gp Ltd Liability Co has 10,980 shares. Renaissance Technologies Ltd has 1.15 million shares for 0.01% of their portfolio. Raffles Assocs L P holds 0.94% of its portfolio in Fortuna Silver Mines Inc. (NYSE:FSM) for 190,000 shares. Pcj Investment Counsel stated it has 172,760 shares. Hillsdale holds 0.67% in Fortuna Silver Mines Inc. (NYSE:FSM) or 966,100 shares. Cumberland Partners Ltd has 78,600 shares for 0.05% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% in Fortuna Silver Mines Inc. (NYSE:FSM). 1.73M were accumulated by Gabelli Funds Limited Liability Com. 1.74 million are owned by Alps Inc. Ftb Advsrs holds 0% or 7,500 shares. Sprott Incorporated, a Ontario – Canada-based fund reported 1.27 million shares. Sigma Planning holds 0.01% or 27,463 shares. Profund Advisors Ltd Liability Company owns 20,315 shares. Blackrock has invested 0% in Fortuna Silver Mines Inc. (NYSE:FSM).

The stock of Fortuna Silver Mines Inc Ordinary Shares (canada (NYSE:FSM) registered an increase of 67.33% in short interest. FSM’s total short interest was 1.09 million shares in December as published by FINRA. Its up 67.33% from 652,800 shares, reported previously. With 615,200 shares average volume, it will take short sellers 2 days to cover their FSM’s short positions. The short interest to Fortuna Silver Mines Inc Ordinary Shares (canada’s float is 0.69%.

The stock increased 3.44% or $0.11 during the last trading session, reaching $3.31. About 981,102 shares traded or 15.56% up from the average. Fortuna Silver Mines Inc. (NYSE:FSM) has declined 11.49% since December 8, 2017 and is downtrending. It has underperformed by 27.11% the S&P500.

Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of mineral properties in Latin America. The company has market cap of $532.61 million. The firm explores for silver, gold, lead, and zinc deposits. It has a 8.01 P/E ratio. It holds interests in the Caylloma mine located in southern Peru; and the San Jose mine located in the State of Oaxaca in southern Mexico, as well as develops the Lindero gold project situated in northwestern Argentina.

More notable recent Fortuna Silver Mines Inc. (NYSE:FSM) news were published by: Twst.com which released: “Fortuna Silver Mines Inc.: Fortuna to release third quarter 2018 financial results on November 8, 2018; Conference call at 12 pm Eastern on November 9, 2018 – The Wall Street Transcript” on November 08, 2018, also Seekingalpha.com with their article: “Fortuna Silver: Attractively Priced And Fully Funded For The Lindero Construction – Seeking Alpha” published on May 30, 2017, Seekingalpha.com published: “Fortuna Silver Mines Inc (FSM) CEO Jorge Ganoza on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 09, 2018. More interesting news about Fortuna Silver Mines Inc. (NYSE:FSM) were released by: Fool.ca and their article: “Despite Weak Silver, This Small-Cap Miner Will Soar – The Motley Fool Canada” published on August 29, 2018 as well as Seekingalpha.com‘s news article titled: “Fortuna Silver Performing Well Despite Low Silver Prices – Seeking Alpha” with publication date: November 12, 2018.

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