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

Jiangxi Copper Company Limited (OTCMKTS:JIAXF) was the recipient of a significant increase in short interest in 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 daily volume of 49,600 shares, the days-to-cover ratio is presently 48.9 days.

Jiangxi Copper Stock Performance

Shares of Jiangxi Copper stock remained flat at $1.76 on Friday. Jiangxi Copper has a one year low of $1.28 and a one year high of $2.47. The firm’s 50-day moving average is $1.79 and its 200 day moving average is $1.80.

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.