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

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 8,699,000 shares, a growth of 142.8% from the February 13th total of 3,583,200 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is presently 2,558.5 days.

Jiangxi Copper Price Performance

Shares of JIAXF stock remained flat at $1.56 on Friday. The stock’s 50-day moving average price is $1.59 and its 200-day moving average price is $1.64. Jiangxi Copper has a fifty-two week low of $1.42 and a fifty-two week 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.