Short Interest in Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Rises By 53.3%

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,423,900 shares, an increase of 53.3% from the November 15th total of 1,581,000 shares. Based on an average trading volume of 49,600 shares, the days-to-cover ratio is presently 48.9 days.

Jiangxi Copper Stock Performance

Shares of JIAXF stock remained flat at $1.76 during trading on Friday. Jiangxi Copper has a 12 month low of $1.28 and a 12 month high of $2.47. The company has a 50-day moving average price of $1.79 and a 200-day moving average price of $1.79.

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.