Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Short Interest Update

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 15,679,000 shares, a growth of 80.2% from the February 28th total of 8,699,000 shares. Based on an average trading volume of 6,000 shares, the days-to-cover ratio is presently 2,613.2 days.

Jiangxi Copper Price Performance

Shares of Jiangxi Copper stock remained flat at $1.83 during trading on Friday. 1 shares of the company traded hands, compared to its average volume of 1,507. The firm’s 50-day simple moving average is $1.60 and its 200-day simple moving average is $1.66. Jiangxi Copper has a 12-month low of $1.42 and a 12-month high of $2.47.

About Jiangxi Copper

Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong, and internationally. It offers copper cathodes, copper rods and wires, sulphuric acid, and other products, as well as deposit, loan, guarantee, and financing consultation services.