Faraday Copper Corp. (OTCMKTS:CPPKF) Sees Significant Increase in Short Interest

Faraday Copper Corp. (OTCMKTS:CPPKF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 20,700 shares, a growth of 38.0% from the October 31st total of 15,000 shares. Based on an average trading volume of 25,200 shares, the days-to-cover ratio is presently 0.8 days.

Faraday Copper Trading Down 4.0 %

CPPKF stock traded down $0.03 during midday trading on Friday, reaching $0.61. 800 shares of the company’s stock traded hands, compared to its average volume of 18,037. The company has a 50-day simple moving average of $0.64 and a two-hundred day simple moving average of $0.60. Faraday Copper has a 1-year low of $0.34 and a 1-year high of $0.70.

Faraday Copper Company Profile

Faraday Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Copper Creek project consisting of 73 square kilometers private land, patented and un-patented mining claims, and state prospecting permits located in Pinal County, Arizona.