Short Interest in Jiangxi Copper Company Limited (OTCMKTS:JIAXF) Rises By 13.6%

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 1,138,000 shares, an increase of 13.6% from the August 15th total of 1,002,000 shares. Based on an average daily volume of 44,900 shares, the short-interest ratio is presently 25.3 days.

Jiangxi Copper Price Performance

Jiangxi Copper stock remained flat at $1.47 during midday trading on Tuesday. Jiangxi Copper has a 1 year low of $1.28 and a 1 year high of $2.47. The stock has a 50 day moving average price of $1.68 and a 200 day moving average price of $1.83.

Jiangxi Copper Company Profile

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.