Franco-Nevada Corporation (FNV) : 6 days before expiry, shorts in Franco-Nevada Corporation (FNV) have reduced from 3,521,296 on Jul 29, 2016, to 3,121,844 on August 15, 2016. On an average, 496,734 shares are traded on the exchange. The outstanding bearish positions are equal to 1.8% of the float. Short sellers have covered -399,452 shares, a reduction of -11.3%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
Franco-Nevada Corporation (NYSE:FNV): The stock opened at $75.35 on Wednesday but the bulls could not build on the opening and the stock topped out at $75.35 for the day. The stock traded down to $71.28 during the day, due to lack of any buying support eventually closed down at $72.27 with a loss of -5.41% for the day. The stock had closed at $76.40 on the previous day. The total traded volume was 1,377,745 shares.
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Companys additional interests are in platinum group metals and other resource assets. The Companys business model provides investors with gold price and exploration optionality. The Company has a diversified portfolio of royalties and streams by commodity, geography, revenue type and stage of project. Its assets include Gold (United States), Gold (Canada), Gold (Australia), Gold (Rest of World), Platinum Group Metals, Other Minerals and Oil and Gas. The Companys projects under each of this location include Goldstrike complex, Gold Quarry, Marigold, Pinson, Sterling, Sandman, Robinson, Sudbury basin, Golden Highway, Musselwhite, Hemlo, Hardrock, Duketon, Henty, Red October, Edna May, Wiluna, Palmarejo, Sabodla, Subika, Edikan, Cerro Moro, Ity, Gurupi, Volcan, Stillwater Complex, Pandora, Peculiar Knob, Mt Keith, King Vol, Flying Fox, Weyburn unit, Midale unit, Edson property and among others.